Two West Capital Advisors LLC Raises Position in iShares U.S. Technology ETF (NYSEARCA:IYW)

Two West Capital Advisors LLC lifted its stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 21.5% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 1,668 shares of the exchange traded fund’s stock after buying an additional 295 shares during the quarter. Two West Capital Advisors LLC’s holdings in iShares U.S. Technology ETF were worth $266,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Phillips Financial Management LLC raised its stake in shares of iShares U.S. Technology ETF by 1,545.5% during the third 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. Brooklyn Investment Group lifted its holdings in iShares U.S. Technology ETF by 84.3% in the 4th quarter. Brooklyn Investment Group now owns 199 shares of the exchange traded fund’s stock worth $32,000 after buying an additional 91 shares in the last quarter. Activest Wealth Management purchased a new position in iShares U.S. Technology ETF in the 3rd quarter valued at about $52,000. Legacy Investment Solutions LLC acquired a new stake in shares of iShares U.S. Technology ETF during the third quarter valued at about $63,000. Finally, PSI Advisors LLC increased its position in shares of iShares U.S. Technology ETF by 36.2% during the fourth quarter. PSI Advisors LLC now owns 463 shares of the exchange traded fund’s stock worth $74,000 after acquiring an additional 123 shares during the last quarter.

iShares U.S. Technology ETF Stock Performance

NYSEARCA:IYW opened at $164.69 on Monday. The stock has a market cap of $20.23 billion, a price-to-earnings ratio of 38.84 and a beta of 1.43. iShares U.S. Technology ETF has a one year low of $124.32 and a one year high of $166.83. The business’s 50-day simple moving average is $161.61 and its 200 day simple moving average is $153.68.

iShares U.S. Technology ETF Profile

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).