iShares U.S. Technology ETF $IYW is Pinkerton Wealth LLC’s 4th Largest Position

Pinkerton Wealth LLC increased its position in iShares U.S. Technology ETF (NYSEARCA:IYW) by 2.0% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 203,871 shares of the exchange traded fund’s stock after acquiring an additional 3,943 shares during the period. iShares U.S. Technology ETF comprises approximately 4.1% of Pinkerton Wealth LLC’s holdings, making the stock its 4th largest position. Pinkerton Wealth LLC owned approximately 0.19% of iShares U.S. Technology ETF worth $40,709,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Triumph Capital Management purchased a new position in iShares U.S. Technology ETF in the 3rd quarter worth approximately $28,000. Hantz Financial Services Inc. purchased a new position in iShares U.S. Technology ETF in the 3rd quarter worth approximately $31,000. Collier Financial purchased a new position in iShares U.S. Technology ETF in the 3rd quarter worth approximately $37,000. Beacon Financial Strategies CORP purchased a new position in iShares U.S. Technology ETF in the 4th quarter worth approximately $41,000. Finally, Flagship Harbor Advisors LLC purchased a new position in iShares U.S. Technology ETF in the 4th quarter worth approximately $44,000. 57.65% of the stock is currently owned by hedge funds and other institutional investors.

iShares U.S. Technology ETF Stock Up 2.0%

Shares of NYSEARCA IYW opened at $239.33 on Thursday. iShares U.S. Technology ETF has a twelve month low of $154.02 and a twelve month high of $243.69. The firm has a market cap of $23.54 billion, a P/E ratio of 34.95 and a beta of 1.33. The company has a 50 day moving average of $205.45 and a 200 day moving average of $200.54.

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). The Index measures the performance of the technology sector of the United States equity market, and includes companies in the industry groups, such as software and computer services and technology hardware and equipment.