iShares U.S. Technology ETF (NYSEARCA:IYW) Shares Purchased by Moneywise Inc.

Moneywise Inc. increased its stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 15.7% during the 4th quarter, Holdings Channel reports. The fund owned 11,565 shares of the exchange traded fund’s stock after purchasing an additional 1,573 shares during the quarter. iShares U.S. Technology ETF makes up about 0.9% of Moneywise Inc.’s investment portfolio, 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 filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Phillips Financial Management LLC grew its holdings in iShares U.S. Technology ETF by 1,545.5% in the third 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. Brooklyn Investment Group grew its holdings in iShares U.S. Technology ETF by 84.3% in the fourth quarter. Brooklyn Investment Group now owns 199 shares of the exchange traded fund’s stock valued at $32,000 after purchasing an additional 91 shares during the period. Activest Wealth Management acquired a new stake in iShares U.S. Technology ETF in the third quarter valued at approximately $52,000. China Universal Asset Management Co. Ltd. grew its holdings in iShares U.S. Technology ETF by 37,900.0% in the fourth quarter. China Universal Asset Management Co. Ltd. now owns 380 shares of the exchange traded fund’s stock valued at $61,000 after purchasing an additional 379 shares during the period. Finally, Legacy Investment Solutions LLC acquired a new stake in iShares U.S. Technology ETF in the third quarter valued at approximately $63,000.

iShares U.S. Technology ETF Trading Up 0.8 %

Shares of IYW opened at $161.22 on Thursday. The stock’s 50 day moving average is $161.83 and its two-hundred day moving average is $154.04. The firm has a market cap of $19.81 billion, a P/E ratio of 38.84 and a beta of 1.43. iShares U.S. Technology ETF has a 12 month low of $124.32 and a 12 month high of $166.83.

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).