Park Avenue Securities LLC Has $148.64 Million Stock Holdings in iShares U.S. Technology ETF (NYSEARCA:IYW)

Park Avenue Securities LLC increased its position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 2.0% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 931,780 shares of the exchange traded fund’s stock after buying an additional 18,382 shares during the quarter. iShares U.S. Technology ETF makes up 1.5% of Park Avenue Securities LLC’s investment portfolio, making the stock its 10th largest holding. Park Avenue Securities LLC’s holdings in iShares U.S. Technology ETF were worth $148,638,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Phillips Financial Management LLC boosted its holdings in iShares U.S. Technology ETF by 1,545.5% in the 3rd quarter. Phillips Financial Management LLC now owns 181 shares of the exchange traded fund’s stock valued at $27,000 after purchasing an additional 170 shares during the period. Activest Wealth Management bought a new stake in iShares U.S. Technology ETF in the 3rd quarter valued at $52,000. Legacy Investment Solutions LLC bought a new stake in iShares U.S. Technology ETF in the 3rd quarter valued at $63,000. PSI Advisors LLC boosted its holdings in iShares U.S. Technology ETF by 36.2% in the 4th quarter. PSI Advisors LLC now owns 463 shares of the exchange traded fund’s stock valued at $74,000 after purchasing an additional 123 shares during the period. Finally, Brown Brothers Harriman & Co. boosted its holdings in iShares U.S. Technology ETF by 81.7% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 545 shares of the exchange traded fund’s stock valued at $83,000 after purchasing an additional 245 shares during the period.

iShares U.S. Technology ETF Price Performance

Shares of iShares U.S. Technology ETF stock opened at $156.60 on Wednesday. iShares U.S. Technology ETF has a fifty-two week low of $121.05 and a fifty-two week high of $166.47. The firm has a fifty day moving average price of $161.12 and a two-hundred day moving average price of $153.27. The company has a market cap of $19.24 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).