Saxon Interests Inc. Takes Position in iShares U.S. Technology ETF (NYSEARCA:IYW)

Saxon Interests Inc. acquired a new stake in iShares U.S. Technology ETF (NYSEARCA:IYW) in the 4th quarter, HoldingsChannel reports. The fund acquired 3,732 shares of the exchange traded fund’s stock, valued at approximately $458,000.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Nicolet Advisory Services LLC increased its stake in iShares U.S. Technology ETF by 3.2% during the 3rd quarter. Nicolet Advisory Services LLC now owns 2,919 shares of the exchange traded fund’s stock worth $308,000 after buying an additional 91 shares in the last quarter. D.A. Davidson & CO. increased its stake in iShares U.S. Technology ETF by 1.5% during the 2nd quarter. D.A. Davidson & CO. now owns 6,620 shares of the exchange traded fund’s stock worth $721,000 after buying an additional 95 shares in the last quarter. Patriot Financial Group Insurance Agency LLC grew its position in shares of iShares U.S. Technology ETF by 1.0% in the third quarter. Patriot Financial Group Insurance Agency LLC now owns 11,620 shares of the exchange traded fund’s stock valued at $1,219,000 after purchasing an additional 115 shares in the last quarter. Eudaimonia Partners LLC grew its position in shares of iShares U.S. Technology ETF by 1.4% in the third quarter. Eudaimonia Partners LLC now owns 9,081 shares of the exchange traded fund’s stock valued at $953,000 after purchasing an additional 126 shares in the last quarter. Finally, American Trust grew its position in shares of iShares U.S. Technology ETF by 3.5% in the fourth quarter. American Trust now owns 3,764 shares of the exchange traded fund’s stock valued at $280,000 after purchasing an additional 128 shares in the last quarter.

iShares U.S. Technology ETF Stock Performance

Shares of IYW stock traded down $0.28 during trading hours on Thursday, reaching $135.06. The company had a trading volume of 1,090,281 shares, compared to its average volume of 856,271. The stock has a fifty day moving average of $132.14 and a 200-day moving average of $120.00. The company has a market capitalization of $13.89 billion, a price-to-earnings ratio of 21.40 and a beta of 1.15. iShares U.S. Technology ETF has a 12-month low of $88.64 and a 12-month high of $137.54.

iShares U.S. Technology ETF Company 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).