Moneywise Inc. Acquires 4,748 Shares of iShares U.S. Technology ETF (NYSEARCA:IYW)

Moneywise Inc. grew its holdings in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 90.5% during the third quarter, HoldingsChannel reports. The institutional investor owned 9,992 shares of the exchange traded fund’s stock after buying an additional 4,748 shares during the period. Moneywise Inc.’s holdings in iShares U.S. Technology ETF were worth $1,515,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of IYW. Magnus Financial Group LLC grew its stake in iShares U.S. Technology ETF by 0.6% in the third quarter. Magnus Financial Group LLC now owns 11,845 shares of the exchange traded fund’s stock worth $1,796,000 after purchasing an additional 67 shares in the last quarter. Marino Stram & Associates LLC grew its stake in iShares U.S. Technology ETF by 3.7% in the third quarter. Marino Stram & Associates LLC now owns 1,902 shares of the exchange traded fund’s stock worth $288,000 after purchasing an additional 67 shares in the last quarter. Investment Advisory Group LLC grew its stake in iShares U.S. Technology ETF by 1.0% in the third quarter. Investment Advisory Group LLC now owns 7,583 shares of the exchange traded fund’s stock worth $1,150,000 after purchasing an additional 73 shares in the last quarter. Fort Washington Investment Advisors Inc. OH grew its stake in iShares U.S. Technology ETF by 0.6% in the second quarter. Fort Washington Investment Advisors Inc. OH now owns 13,484 shares of the exchange traded fund’s stock worth $2,029,000 after purchasing an additional 74 shares in the last quarter. Finally, LVW Advisors LLC grew its stake in iShares U.S. Technology ETF by 0.6% in the first quarter. LVW Advisors LLC now owns 13,870 shares of the exchange traded fund’s stock worth $1,873,000 after purchasing an additional 84 shares in the last quarter.

iShares U.S. Technology ETF Stock Down 0.6 %

Shares of NYSEARCA:IYW opened at $155.23 on Tuesday. iShares U.S. Technology ETF has a 52-week low of $100.84 and a 52-week high of $158.97. The stock has a market cap of $19.07 billion, a P/E ratio of 38.84 and a beta of 1.43. The business’s 50 day moving average is $148.68 and its 200 day moving average is $144.20.

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).