West Coast Financial LLC Takes $207,000 Position in iShares U.S. Technology ETF (NYSEARCA:IYW)

West Coast Financial LLC acquired a new position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) during the fourth quarter, Holdings Channel reports. The institutional investor acquired 1,295 shares of the exchange traded fund’s stock, valued at approximately $207,000.

Other hedge funds have also made changes to their positions in the company. Phillips Financial Management LLC boosted its position in shares of iShares U.S. Technology ETF by 1,545.5% in the 3rd quarter. Phillips Financial Management LLC now owns 181 shares of the exchange traded fund’s stock valued at $27,000 after purchasing an additional 170 shares during the period. Activest Wealth Management purchased a new position in shares of iShares U.S. Technology ETF in the 3rd quarter valued at approximately $52,000. Legacy Investment Solutions LLC acquired a new position in iShares U.S. Technology ETF in the 3rd quarter valued at $63,000. PSI Advisors LLC increased its stake in shares of iShares U.S. Technology ETF by 36.2% during the fourth quarter. PSI Advisors LLC now owns 463 shares of the exchange traded fund’s stock worth $74,000 after acquiring an additional 123 shares during the period. Finally, Brown Brothers Harriman & Co. increased its position in iShares U.S. Technology ETF by 81.7% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 545 shares of the exchange traded fund’s stock worth $83,000 after purchasing an additional 245 shares during the period.

iShares U.S. Technology ETF Stock Up 2.3 %

Shares of IYW opened at $160.16 on Thursday. The company has a 50-day simple moving average of $161.17 and a 200-day simple moving average of $153.32. iShares U.S. Technology ETF has a 52-week low of $121.05 and a 52-week high of $166.47. The company has a market capitalization of $19.68 billion, a PE ratio of 38.84 and a beta of 1.43.

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).