Foundations Investment Advisors LLC Acquires 38,648 Shares of iShares U.S. Technology ETF (NYSEARCA:IYW)

Foundations Investment Advisors LLC boosted its stake in iShares U.S. Technology ETF (NYSEARCA:IYW) by 17.7% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 257,260 shares of the exchange traded fund’s stock after purchasing an additional 38,648 shares during the quarter. iShares U.S. Technology ETF makes up 0.8% of Foundations Investment Advisors LLC’s portfolio, making the stock its 26th biggest holding. Foundations Investment Advisors LLC’s holdings in iShares U.S. Technology ETF were worth $39,006,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in IYW. Magnus Financial Group LLC lifted its position in shares of iShares U.S. Technology ETF by 0.6% in the 3rd quarter. Magnus Financial Group LLC now owns 11,845 shares of the exchange traded fund’s stock worth $1,796,000 after purchasing an additional 67 shares during the period. Marino Stram & Associates LLC lifted its holdings in iShares U.S. Technology ETF by 3.7% in the third quarter. Marino Stram & Associates LLC now owns 1,902 shares of the exchange traded fund’s stock worth $288,000 after buying an additional 67 shares during the period. Investment Advisory Group LLC lifted its holdings in iShares U.S. Technology ETF by 1.0% in the third quarter. Investment Advisory Group LLC now owns 7,583 shares of the exchange traded fund’s stock worth $1,150,000 after buying an additional 73 shares during the period. Fort Washington Investment Advisors Inc. OH boosted its position in iShares U.S. Technology ETF by 0.6% during the 2nd quarter. Fort Washington Investment Advisors Inc. OH now owns 13,484 shares of the exchange traded fund’s stock valued at $2,029,000 after acquiring an additional 74 shares in the last quarter. Finally, LVW Advisors LLC grew its holdings in shares of iShares U.S. Technology ETF by 0.6% during the 1st quarter. LVW Advisors LLC now owns 13,870 shares of the exchange traded fund’s stock worth $1,873,000 after acquiring an additional 84 shares during the period.

iShares U.S. Technology ETF Stock Up 0.7 %

IYW opened at $156.24 on Tuesday. iShares U.S. Technology ETF has a 52 week low of $100.84 and a 52 week high of $158.97. The stock has a market cap of $19.19 billion, a PE ratio of 38.84 and a beta of 1.43. The business has a 50 day moving average of $148.68 and a 200-day moving average of $144.20.

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).