Eq LLC Has $3.87 Million Stock Position in iShares U.S. Technology ETF (NYSEARCA:IYW)

Eq LLC increased its holdings in iShares U.S. Technology ETF (NYSEARCA:IYW) by 14.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 24,232 shares of the exchange traded fund’s stock after acquiring an additional 3,140 shares during the period. iShares U.S. Technology ETF comprises 1.8% of Eq LLC’s investment portfolio, making the stock its 17th biggest holding. Eq LLC’s holdings in iShares U.S. Technology ETF were worth $3,866,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Advisor OS LLC purchased a new stake in iShares U.S. Technology ETF in the 4th quarter valued at $222,000. Sofi Wealth LLC bought a new stake in shares of iShares U.S. Technology ETF in the 4th quarter worth $1,324,000. Twin Peaks Wealth Advisors LLC grew its stake in shares of iShares U.S. Technology ETF by 5.3% in the 4th quarter. Twin Peaks Wealth Advisors LLC now owns 11,908 shares of the exchange traded fund’s stock worth $1,900,000 after acquiring an additional 594 shares in the last quarter. IFP Advisors Inc raised its holdings in shares of iShares U.S. Technology ETF by 154.9% in the fourth quarter. IFP Advisors Inc now owns 33,691 shares of the exchange traded fund’s stock valued at $5,375,000 after purchasing an additional 20,476 shares during the last quarter. Finally, Midwest Capital Advisors LLC bought a new position in shares of iShares U.S. Technology ETF during the fourth quarter valued at about $5,807,000.

iShares U.S. Technology ETF Stock Performance

Shares of IYW stock opened at $156.50 on Wednesday. The company has a market capitalization of $19.66 billion, a price-to-earnings ratio of 35.73 and a beta of 1.14. iShares U.S. Technology ETF has a 52-week low of $124.32 and a 52-week high of $167.30. The company has a 50-day simple moving average of $161.74 and a two-hundred day simple moving average of $156.26.

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).