iShares U.S. Technology ETF $IYW Stock Position Increased by Trek Financial LLC

Trek Financial LLC lifted its position in iShares U.S. Technology ETF (NYSEARCA:IYW) by 863.7% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 30,404 shares of the exchange traded fund’s stock after buying an additional 27,249 shares during the period. Trek Financial LLC’s holdings in iShares U.S. Technology ETF were worth $6,071,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Pure Financial Advisors LLC bought a new stake in shares of iShares U.S. Technology ETF in the 4th quarter worth $221,000. EWA LLC raised its stake in shares of iShares U.S. Technology ETF by 7.4% in the 4th quarter. EWA LLC now owns 11,414 shares of the exchange traded fund’s stock worth $2,279,000 after buying an additional 786 shares in the last quarter. International Assets Investment Management LLC raised its stake in shares of iShares U.S. Technology ETF by 51.5% in the 4th quarter. International Assets Investment Management LLC now owns 9,355 shares of the exchange traded fund’s stock worth $1,868,000 after buying an additional 3,180 shares in the last quarter. Diversify Wealth Management LLC bought a new stake in shares of iShares U.S. Technology ETF in the 4th quarter worth $1,286,000. Finally, Crestwood Advisors Group LLC raised its stake in shares of iShares U.S. Technology ETF by 68.2% in the 4th quarter. Crestwood Advisors Group LLC now owns 1,973 shares of the exchange traded fund’s stock worth $394,000 after buying an additional 800 shares in the last quarter. Institutional investors own 57.65% of the company’s stock.

iShares U.S. Technology ETF Stock Performance

IYW opened at $240.04 on Tuesday. iShares U.S. Technology ETF has a one year low of $153.07 and a one year high of $241.06. The stock’s fifty day moving average is $198.71 and its 200-day moving average is $198.89. The company has a market capitalization of $23.61 billion, a PE ratio of 34.95 and a beta of 1.33.

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). 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.