iShares U.S. Technology ETF (NYSEARCA:IYW) Stock Position Raised by KPP Advisory Services LLC

KPP Advisory Services LLC lifted its stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 5.8% during the fourth quarter, Holdings Channel reports. The firm owned 6,894 shares of the exchange traded fund’s stock after purchasing an additional 379 shares during the quarter. KPP Advisory Services LLC’s holdings in iShares U.S. Technology ETF were worth $1,100,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of IYW. GPS Wealth Strategies Group LLC raised its holdings in iShares U.S. Technology ETF by 21.6% during the 4th quarter. GPS Wealth Strategies Group LLC now owns 4,488 shares of the exchange traded fund’s stock worth $716,000 after buying an additional 798 shares during the period. U.S. Capital Wealth Advisors LLC lifted its position in shares of iShares U.S. Technology ETF by 212.6% in the 4th quarter. U.S. Capital Wealth Advisors LLC now owns 30,266 shares of the exchange traded fund’s stock valued at $4,828,000 after acquiring an additional 20,584 shares in the last quarter. MA Private Wealth boosted its stake in iShares U.S. Technology ETF by 0.9% in the 4th quarter. MA Private Wealth now owns 118,089 shares of the exchange traded fund’s stock worth $18,838,000 after purchasing an additional 1,000 shares during the period. Avantra Family Wealth Inc. purchased a new position in iShares U.S. Technology ETF during the 4th quarter worth approximately $505,000. Finally, Journey Strategic Wealth LLC raised its stake in iShares U.S. Technology ETF by 46.2% during the 4th quarter. Journey Strategic Wealth LLC now owns 5,631 shares of the exchange traded fund’s stock valued at $898,000 after purchasing an additional 1,780 shares during the period.

iShares U.S. Technology ETF Trading Down 0.5 %

Shares of IYW stock opened at $159.67 on Monday. The company has a market capitalization of $19.62 billion, a price-to-earnings ratio of 38.84 and a beta of 1.43. iShares U.S. Technology ETF has a 1-year low of $124.32 and a 1-year high of $166.83. The stock’s fifty day simple moving average is $161.79 and its 200-day simple moving average is $153.86.

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).