Avidian Wealth Enterprises LLC Has $4.49 Million Stock Position in iShares U.S. Technology ETF (NYSEARCA:IYW)

Avidian Wealth Enterprises LLC decreased its holdings in iShares U.S. Technology ETF (NYSEARCA:IYW) by 1.6% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 28,124 shares of the exchange traded fund’s stock after selling 455 shares during the quarter. Avidian Wealth Enterprises LLC’s holdings in iShares U.S. Technology ETF were worth $4,486,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Phillips Financial Management LLC increased its stake in iShares U.S. Technology ETF by 1,545.5% during the 3rd 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 grew its holdings in shares of iShares U.S. Technology ETF by 84.3% during the 4th quarter. Brooklyn Investment Group now owns 199 shares of the exchange traded fund’s stock worth $32,000 after purchasing an additional 91 shares in the last quarter. Activest Wealth Management acquired a new position in iShares U.S. Technology ETF in the third quarter valued at about $52,000. China Universal Asset Management Co. Ltd. lifted its position in iShares U.S. Technology ETF by 37,900.0% during the fourth quarter. China Universal Asset Management Co. Ltd. now owns 380 shares of the exchange traded fund’s stock worth $61,000 after purchasing an additional 379 shares during the period. Finally, Legacy Investment Solutions LLC bought a new stake in iShares U.S. Technology ETF during the third quarter worth about $63,000.

iShares U.S. Technology ETF Stock Down 0.0 %

IYW stock opened at $162.63 on Wednesday. The company’s 50-day moving average price is $161.97 and its two-hundred day moving average price is $154.52. The firm has a market cap of $19.98 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 $124.32 and a 12 month high of $166.83.

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).