Drive Wealth Management LLC Purchases Shares of 3,535 iShares U.S. Technology ETF (NYSEARCA:IYW)

Drive Wealth Management LLC acquired a new stake in iShares U.S. Technology ETF (NYSEARCA:IYWFree Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 3,535 shares of the exchange traded fund’s stock, valued at approximately $434,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Pinnacle Financial Partners Inc acquired a new stake in iShares U.S. Technology ETF in the fourth quarter valued at approximately $392,000. Prio Wealth Limited Partnership raised its holdings in shares of iShares U.S. Technology ETF by 2.8% in the 4th quarter. Prio Wealth Limited Partnership now owns 7,335 shares of the exchange traded fund’s stock valued at $900,000 after purchasing an additional 200 shares in the last quarter. JB Capital LLC lifted its position in shares of iShares U.S. Technology ETF by 46.7% during the 4th quarter. JB Capital LLC now owns 270,181 shares of the exchange traded fund’s stock worth $33,165,000 after purchasing an additional 86,031 shares during the last quarter. Cobblestone Asset Management LLC grew its stake in shares of iShares U.S. Technology ETF by 40.4% during the fourth quarter. Cobblestone Asset Management LLC now owns 26,505 shares of the exchange traded fund’s stock worth $3,253,000 after purchasing an additional 7,632 shares in the last quarter. Finally, Clarus Wealth Advisors purchased a new position in iShares U.S. Technology ETF in the fourth quarter valued at $1,443,000.

iShares U.S. Technology ETF Trading Down 1.0 %

IYW stock traded down $1.31 during trading on Tuesday, hitting $134.24. 642,068 shares of the company’s stock were exchanged, compared to its average volume of 853,612. The stock has a market capitalization of $13.81 billion, a price-to-earnings ratio of 21.40 and a beta of 1.15. iShares U.S. Technology ETF has a 52-week low of $88.64 and a 52-week high of $137.54. The business has a 50-day moving average price of $132.63 and a two-hundred day moving average price of $120.61.

iShares U.S. Technology ETF Profile

(Free Report)

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).

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Institutional Ownership by Quarter for iShares U.S. Technology ETF (NYSEARCA:IYW)

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