Kingswood Wealth Advisors LLC Raises Holdings in iShares U.S. Technology ETF (NYSEARCA:IYW)

Kingswood Wealth Advisors LLC increased its holdings in iShares U.S. Technology ETF (NYSEARCA:IYW) by 6.4% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 15,368 shares of the exchange traded fund’s stock after purchasing an additional 921 shares during the quarter. Kingswood Wealth Advisors LLC’s holdings in iShares U.S. Technology ETF were worth $2,452,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Phillips Financial Management LLC grew its position in iShares U.S. Technology ETF by 1,545.5% in the third quarter. Phillips Financial Management LLC now owns 181 shares of the exchange traded fund’s stock worth $27,000 after acquiring an additional 170 shares during the period. Brooklyn Investment Group raised its stake in iShares U.S. Technology ETF by 84.3% in the fourth quarter. Brooklyn Investment Group now owns 199 shares of the exchange traded fund’s stock valued at $32,000 after buying an additional 91 shares in the last quarter. Activest Wealth Management acquired a new stake in shares of iShares U.S. Technology ETF during the third quarter worth about $52,000. Legacy Investment Solutions LLC purchased a new position in shares of iShares U.S. Technology ETF during the third quarter worth about $63,000. Finally, PSI Advisors LLC boosted its holdings in iShares U.S. Technology ETF by 36.2% in the 4th quarter. PSI Advisors LLC now owns 463 shares of the exchange traded fund’s stock valued at $74,000 after purchasing an additional 123 shares in the last quarter.

iShares U.S. Technology ETF Trading Down 0.9 %

Shares of iShares U.S. Technology ETF stock opened at $164.69 on Monday. The company has a fifty day moving average price of $161.61 and a 200 day moving average price of $153.68. iShares U.S. Technology ETF has a twelve month low of $124.32 and a twelve month high of $166.83. The stock has a market cap of $20.23 billion, a price-to-earnings ratio of 38.84 and a beta of 1.43.

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).