JGP Wealth Management LLC Invests $206,000 in iShares U.S. Technology ETF (NYSEARCA:IYW)

JGP Wealth Management LLC acquired a new position in iShares U.S. Technology ETF (NYSEARCA:IYW) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 1,293 shares of the exchange traded fund’s stock, valued at approximately $206,000.

Several other large investors have also recently added to or reduced their stakes in IYW. Phillips Financial Management LLC raised its position in shares of iShares U.S. Technology ETF by 1,545.5% during the 3rd quarter. Phillips Financial Management LLC now owns 181 shares of the exchange traded fund’s stock worth $27,000 after buying an additional 170 shares in the last quarter. Activest Wealth Management acquired a new position in shares of iShares U.S. Technology ETF during the third quarter valued at approximately $52,000. Legacy Investment Solutions LLC acquired a new stake in iShares U.S. Technology ETF in the third quarter worth approximately $63,000. PSI Advisors LLC lifted its position in iShares U.S. Technology ETF by 36.2% in the fourth quarter. PSI Advisors LLC now owns 463 shares of the exchange traded fund’s stock worth $74,000 after purchasing an additional 123 shares during the period. Finally, Brown Brothers Harriman & Co. boosted its stake in iShares U.S. Technology ETF by 81.7% during 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 in the last quarter.

iShares U.S. Technology ETF Stock Performance

IYW opened at $161.29 on Friday. The company has a market capitalization of $19.81 billion, a PE ratio of 38.84 and a beta of 1.43. The stock’s fifty day moving average is $161.12 and its 200-day moving average is $153.42. iShares U.S. Technology ETF has a one year low of $123.78 and a one year high of $166.47.

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).