iShares U.S. Technology ETF (NYSEARCA:IYW) Shares Bought by Signify Wealth

Signify Wealth grew its stake in iShares U.S. Technology ETF (NYSEARCA:IYW) by 5.6% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 54,361 shares of the exchange traded fund’s stock after buying an additional 2,870 shares during the period. iShares U.S. Technology ETF makes up 9.8% of Signify Wealth’s investment portfolio, making the stock its biggest position. Signify Wealth’s holdings in iShares U.S. Technology ETF were worth $8,672,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Phillips Financial Management LLC grew its stake in iShares U.S. Technology ETF by 1,545.5% during the third quarter. Phillips Financial Management LLC now owns 181 shares of the exchange traded fund’s stock worth $27,000 after purchasing an additional 170 shares during the period. Brooklyn Investment Group boosted its holdings 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 worth $32,000 after acquiring an additional 91 shares in the last quarter. SRS Capital Advisors Inc. boosted its holdings in iShares U.S. Technology ETF by 43.7% in the fourth quarter. SRS Capital Advisors Inc. now owns 296 shares of the exchange traded fund’s stock worth $47,000 after acquiring an additional 90 shares in the last quarter. Avion Wealth bought a new position in iShares U.S. Technology ETF in the fourth quarter worth approximately $47,000. Finally, Kestra Investment Management LLC bought a new position in iShares U.S. Technology ETF in the fourth quarter worth approximately $53,000.

iShares U.S. Technology ETF Stock Down 3.1 %

IYW stock opened at $149.91 on Tuesday. iShares U.S. Technology ETF has a twelve month low of $124.32 and a twelve month high of $167.30. The stock’s 50 day moving average is $161.14 and its 200-day moving average is $156.54. The firm has a market capitalization of $18.83 billion, a PE ratio of 35.73 and a beta of 1.14.

iShares U.S. Technology ETF 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).