Granite Bay Wealth Management LLC Invests $411,000 in iShares U.S. Technology ETF (NYSEARCA:IYW)

Granite Bay Wealth Management LLC purchased a new position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 2,579 shares of the exchange traded fund’s stock, valued at approximately $411,000.

A number of other large investors also recently bought and sold shares of the business. Zions Bancorporation N.A. bought a new stake in shares of iShares U.S. Technology ETF during the second quarter worth $106,000. Thoroughbred Financial Services LLC purchased a new position in iShares U.S. Technology ETF in the 2nd quarter worth about $668,000. Rathbones Group PLC lifted its holdings in iShares U.S. Technology ETF by 10.9% during the 2nd quarter. Rathbones Group PLC now owns 27,575 shares of the exchange traded fund’s stock valued at $4,150,000 after buying an additional 2,702 shares in the last quarter. Financial Life Advisors boosted its position in iShares U.S. Technology ETF by 3.4% in the 2nd quarter. Financial Life Advisors now owns 50,758 shares of the exchange traded fund’s stock valued at $7,639,000 after buying an additional 1,675 shares during the period. Finally, One Capital Management LLC grew its stake in iShares U.S. Technology ETF by 1.2% in the 2nd quarter. One Capital Management LLC now owns 30,775 shares of the exchange traded fund’s stock worth $4,632,000 after acquiring an additional 356 shares in the last quarter.

iShares U.S. Technology ETF Stock Performance

Shares of NYSEARCA:IYW opened at $156.56 on Tuesday. The firm’s 50 day simple moving average is $160.96 and its 200-day simple moving average is $153.19. iShares U.S. Technology ETF has a one year low of $121.05 and a one year high of $166.47. The firm has a market cap of $19.23 billion, a PE ratio of 38.84 and a beta of 1.43.

About iShares U.S. Technology ETF

iShares U.S. Technology ETF, formerly iShares Dow Jones U.S. Technology Sector Index Fund (the Fund) is a non-diversified fund. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Dow Jones U.S. Technology Index (the Index).