iShares U.S. Technology ETF (NYSEARCA:IYW) Shares Purchased by Financial Freedom LLC

Financial Freedom LLC lifted its stake in iShares U.S. Technology ETF (NYSEARCA:IYW) by 44.3% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 27,557 shares of the exchange traded fund’s stock after acquiring an additional 8,465 shares during the period. iShares U.S. Technology ETF accounts for approximately 2.2% of Financial Freedom LLC’s holdings, making the stock its 13th biggest position. Financial Freedom LLC’s holdings in iShares U.S. Technology ETF were worth $4,178,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Rosenberg Matthew Hamilton increased its position in shares of iShares U.S. Technology ETF by 133.8% during the 2nd quarter. Rosenberg Matthew Hamilton now owns 166 shares of the exchange traded fund’s stock valued at $25,000 after purchasing an additional 95 shares during the period. Central Bank & Trust Co. grew its holdings in iShares U.S. Technology ETF by 343.6% during the second quarter. Central Bank & Trust Co. now owns 173 shares of the exchange traded fund’s stock worth $26,000 after acquiring an additional 134 shares during the period. VitalStone Financial LLC bought a new stake in iShares U.S. Technology ETF in the first quarter worth about $36,000. Chris Bulman Inc acquired a new stake in iShares U.S. Technology ETF in the 2nd quarter valued at about $41,000. Finally, Cultivar Capital Inc. bought a new position in shares of iShares U.S. Technology ETF during the 2nd quarter valued at about $53,000.

iShares U.S. Technology ETF Price Performance

Shares of IYW opened at $151.71 on Friday. The stock has a market capitalization of $18.64 billion, a P/E ratio of 38.84 and a beta of 1.43. iShares U.S. Technology ETF has a 12-month low of $106.49 and a 12-month high of $158.97. The firm’s 50 day moving average is $149.91 and its 200-day moving average is $145.35.

iShares U.S. Technology ETF Company 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).