Verdence Capital Advisors LLC Purchases 206 Shares of iShares U.S. Technology ETF (NYSEARCA:IYW)

Verdence Capital Advisors LLC raised its position in iShares U.S. Technology ETF (NYSEARCA:IYW) by 9.9% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 2,282 shares of the exchange traded fund’s stock after acquiring an additional 206 shares during the quarter. Verdence Capital Advisors LLC’s holdings in iShares U.S. Technology ETF were worth $364,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the company. LPL Financial LLC lifted its holdings in iShares U.S. Technology ETF by 3.0% in the third quarter. LPL Financial LLC now owns 4,133,439 shares of the exchange traded fund’s stock valued at $626,712,000 after acquiring an additional 120,614 shares during the period. Dynasty Wealth Management LLC lifted its holdings in iShares U.S. Technology ETF by 54.8% in the fourth quarter. Dynasty Wealth Management LLC now owns 1,404,039 shares of the exchange traded fund’s stock valued at $223,972,000 after acquiring an additional 497,043 shares during the period. Park Avenue Securities LLC lifted its holdings in 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 valued at $148,638,000 after acquiring an additional 18,382 shares during the period. OneDigital Investment Advisors LLC raised its stake in shares of 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 worth $108,311,000 after buying an additional 14,758 shares during the period. Finally, The Manufacturers Life Insurance Company raised its stake in shares of iShares U.S. Technology ETF by 4,550.8% in the third quarter. The Manufacturers Life Insurance Company now owns 553,450 shares of the exchange traded fund’s stock worth $83,914,000 after buying an additional 541,550 shares during the period.

iShares U.S. Technology ETF Stock Down 3.1 %

NYSEARCA IYW opened at $147.47 on Friday. The stock’s 50-day moving average price is $160.57 and its 200-day moving average price is $156.52. iShares U.S. Technology ETF has a 52 week low of $124.32 and a 52 week high of $167.30. The company has a market capitalization of $18.52 billion, a P/E ratio of 35.73 and a beta of 1.14.

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).