Sofi Wealth LLC Takes Position in iShares U.S. Technology ETF (NYSEARCA:IYW)

Sofi Wealth LLC bought a new stake in iShares U.S. Technology ETF (NYSEARCA:IYW) in the fourth quarter, HoldingsChannel reports. The firm bought 8,303 shares of the exchange traded fund’s stock, valued at approximately $1,324,000. iShares U.S. Technology ETF accounts for 0.1% of Sofi Wealth LLC’s investment portfolio, making the stock its 16th biggest position.

A number of other large investors have also added to or reduced their stakes in the stock. Great Valley Advisor Group Inc. raised its stake 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 last quarter. XML Financial LLC increased its holdings in shares of iShares U.S. Technology ETF by 1.7% in the 4th quarter. XML Financial LLC now owns 4,396 shares of the exchange traded fund’s stock worth $701,000 after purchasing an additional 73 shares in the last quarter. Planning Directions Inc. increased its holdings in shares of iShares U.S. Technology ETF by 4.3% in the 3rd quarter. Planning Directions Inc. now owns 1,945 shares of the exchange traded fund’s stock worth $295,000 after purchasing an additional 81 shares in the last quarter. Nicolet Advisory Services LLC increased its holdings in shares of iShares U.S. Technology ETF by 2.9% in the 3rd quarter. Nicolet Advisory Services LLC now owns 2,909 shares of the exchange traded fund’s stock worth $436,000 after purchasing an additional 81 shares in the last quarter. Finally, New Republic Capital LLC increased its holdings in shares of iShares U.S. Technology ETF by 4.4% in the 4th quarter. New Republic Capital LLC now owns 1,925 shares of the exchange traded fund’s stock worth $307,000 after purchasing an additional 82 shares in the last quarter.

iShares U.S. Technology ETF Trading Down 1.5 %

iShares U.S. Technology ETF stock opened at $159.14 on Tuesday. The firm has a market cap of $19.55 billion, a price-to-earnings ratio of 38.84 and a beta of 1.43. The stock has a fifty day simple moving average of $161.92 and a two-hundred day simple moving average of $156.13. iShares U.S. Technology ETF has a 12 month low of $124.32 and a 12 month high of $167.30.

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).