Moneywise Inc. Grows Stock Position in iShares U.S. Technology ETF (NYSEARCA:IYW)

Moneywise Inc. raised its holdings in iShares U.S. Technology ETF (NYSEARCA:IYW) by 15.7% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 11,565 shares of the exchange traded fund’s stock after buying an additional 1,573 shares during the quarter. iShares U.S. Technology ETF comprises 0.9% of Moneywise Inc.’s holdings, making the stock its 25th largest position. Moneywise Inc.’s holdings in iShares U.S. Technology ETF were worth $1,845,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in IYW. LPL Financial LLC raised its stake in shares of iShares U.S. Technology ETF by 3.0% in the third quarter. LPL Financial LLC now owns 4,133,439 shares of the exchange traded fund’s stock worth $626,712,000 after purchasing an additional 120,614 shares during the last quarter. International Assets Investment Management LLC raised its stake in shares of iShares U.S. Technology ETF by 29,435.7% in the third quarter. International Assets Investment Management LLC now owns 3,190,156 shares of the exchange traded fund’s stock worth $483,691,000 after purchasing an additional 3,179,355 shares during the last quarter. Park Avenue Securities LLC raised its stake in shares of iShares U.S. Technology ETF by 2.0% in the fourth quarter. Park Avenue Securities LLC now owns 931,780 shares of the exchange traded fund’s stock worth $148,638,000 after purchasing an additional 18,382 shares during the last quarter. OneDigital Investment Advisors LLC raised its stake in shares of iShares U.S. Technology ETF by 2.1% in the third quarter. OneDigital Investment Advisors LLC now owns 714,361 shares of the exchange traded fund’s stock worth $108,311,000 after purchasing an additional 14,758 shares during the last quarter. Finally, Raymond James & Associates raised its stake in shares of iShares U.S. Technology ETF by 1.6% in the third quarter. Raymond James & Associates now owns 631,178 shares of the exchange traded fund’s stock worth $95,699,000 after purchasing an additional 9,742 shares during the last quarter.

iShares U.S. Technology ETF Stock Up 0.8 %

Shares of NYSEARCA:IYW opened at $161.22 on Thursday. iShares U.S. Technology ETF has a 52-week low of $124.32 and a 52-week high of $166.83. The stock has a market cap of $19.81 billion, a price-to-earnings ratio of 38.84 and a beta of 1.43. The business has a 50-day moving average price of $161.83 and a 200-day moving average price of $154.04.

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).