Vantage Point Financial LLC Buys New Position in iShares U.S. Technology ETF (NYSEARCA:IYW)

Vantage Point Financial LLC purchased a new position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) during the 4th quarter, Holdings Channel.com reports. The institutional investor purchased 4,920 shares of the exchange traded fund’s stock, valued at approximately $785,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. LPL Financial LLC boosted its stake in iShares U.S. Technology ETF by 3.0% in the 3rd quarter. LPL Financial LLC now owns 4,133,439 shares of the exchange traded fund’s stock worth $626,712,000 after buying an additional 120,614 shares during the last quarter. International Assets Investment Management LLC lifted its holdings in shares of iShares U.S. Technology ETF by 29,435.7% during the 3rd quarter. International Assets Investment Management LLC now owns 3,190,156 shares of the exchange traded fund’s stock worth $483,691,000 after acquiring an additional 3,179,355 shares during the period. Park Avenue Securities LLC boosted its position in shares of iShares U.S. Technology ETF by 2.0% in the fourth quarter. Park Avenue Securities LLC now owns 931,780 shares of the exchange traded fund’s stock worth $148,638,000 after acquiring an additional 18,382 shares during the last quarter. OneDigital Investment Advisors LLC grew its holdings in iShares U.S. Technology ETF by 2.1% in the third quarter. OneDigital Investment Advisors LLC now owns 714,361 shares of the exchange traded fund’s stock valued at $108,311,000 after purchasing an additional 14,758 shares during the period. Finally, Raymond James & Associates increased its position in iShares U.S. Technology ETF by 1.6% during the third quarter. Raymond James & Associates now owns 631,178 shares of the exchange traded fund’s stock worth $95,699,000 after purchasing an additional 9,742 shares during the last quarter.

iShares U.S. Technology ETF Stock Down 1.3 %

Shares of IYW opened at $157.56 on Tuesday. iShares U.S. Technology ETF has a fifty-two week low of $124.32 and a fifty-two week high of $166.83. The company’s fifty day moving average is $161.76 and its two-hundred day moving average is $153.91. The firm has a market cap of $19.36 billion, a PE ratio of 38.84 and a beta of 1.43.

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).