5,322 Shares in iShares U.S. Technology ETF (NYSEARCA:IYW) Purchased by Worth Asset Management LLC

Worth Asset Management LLC bought a new position in iShares U.S. Technology ETF (NYSEARCA:IYW) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 5,322 shares of the exchange traded fund’s stock, valued at approximately $849,000.

Several other institutional investors have also made changes to their positions in the company. FMR LLC grew its position in iShares U.S. Technology ETF by 11.0% during the 3rd quarter. FMR LLC now owns 62,648 shares of the exchange traded fund’s stock worth $9,499,000 after purchasing an additional 6,225 shares in the last quarter. Natixis Advisors LLC boosted its position in shares of iShares U.S. Technology ETF by 28.1% in the third quarter. Natixis Advisors LLC now owns 16,136 shares of the exchange traded fund’s stock worth $2,447,000 after buying an additional 3,539 shares during the period. Ascent Group LLC grew its holdings in shares of iShares U.S. Technology ETF by 22.7% during the second quarter. Ascent Group LLC now owns 43,612 shares of the exchange traded fund’s stock valued at $6,564,000 after buying an additional 8,077 shares in the last quarter. Great Valley Advisor Group Inc. raised its position in iShares U.S. Technology ETF by 1.9% during the third quarter. Great Valley Advisor Group Inc. now owns 3,963 shares of the exchange traded fund’s stock valued at $600,000 after buying an additional 73 shares during the period. Finally, Brown Brothers Harriman & Co. lifted its stake in iShares U.S. Technology ETF by 81.7% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 545 shares of the exchange traded fund’s stock worth $83,000 after acquiring an additional 245 shares in the last quarter.

iShares U.S. Technology ETF Trading Down 0.3 %

NYSEARCA IYW traded down $0.48 during trading on Wednesday, reaching $160.62. 309,111 shares of the company’s stock were exchanged, compared to its average volume of 955,649. The firm has a market capitalization of $19.73 billion, a PE ratio of 38.84 and a beta of 1.43. iShares U.S. Technology ETF has a fifty-two week low of $119.80 and a fifty-two week high of $166.47. The company’s fifty day simple moving average is $160.53 and its 200-day simple moving average is $152.97.

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).