Cahill Financial Advisors Inc. Grows Position in iShares U.S. Technology ETF (NYSEARCA:IYW)

Cahill Financial Advisors Inc. grew its position in iShares U.S. Technology ETF (NYSEARCA:IYW) by 59.4% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 58,545 shares of the exchange traded fund’s stock after acquiring an additional 21,821 shares during the quarter. iShares U.S. Technology ETF accounts for 1.2% of Cahill Financial Advisors Inc.’s portfolio, making the stock its 21st biggest holding. Cahill Financial Advisors Inc.’s holdings in iShares U.S. Technology ETF were worth $8,877,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of the company. Rosenberg Matthew Hamilton increased its stake in iShares U.S. Technology ETF by 133.8% during the second quarter. Rosenberg Matthew Hamilton now owns 166 shares of the exchange traded fund’s stock worth $25,000 after acquiring an additional 95 shares during the last quarter. Central Bank & Trust Co. increased its position in shares of iShares U.S. Technology ETF by 343.6% during the 2nd quarter. Central Bank & Trust Co. now owns 173 shares of the exchange traded fund’s stock valued at $26,000 after purchasing an additional 134 shares during the last quarter. Phillips Financial Management LLC increased its position in shares of 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 valued at $27,000 after purchasing an additional 170 shares during the last quarter. Chris Bulman Inc purchased a new stake in iShares U.S. Technology ETF during the 2nd quarter valued at $41,000. Finally, Activest Wealth Management bought a new stake in iShares U.S. Technology ETF in the third quarter worth $52,000.

iShares U.S. Technology ETF Stock Up 0.1 %

NYSEARCA IYW opened at $159.05 on Friday. iShares U.S. Technology ETF has a 52 week low of $114.84 and a 52 week high of $161.49. The firm has a market capitalization of $19.54 billion, a price-to-earnings ratio of 38.84 and a beta of 1.43. The company has a fifty day moving average of $154.05 and a two-hundred day moving average of $148.46.

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).