30,987 Shares in iShares U.S. Technology ETF (NYSEARCA:IYW) Acquired by Sovran Advisors LLC

Sovran Advisors LLC purchased a new position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 30,987 shares of the exchange traded fund’s stock, valued at approximately $4,853,000.

Other large investors have also made changes to their positions in the company. Phillips Financial Management LLC lifted its stake in 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 last quarter. Brooklyn Investment Group lifted its stake in iShares U.S. Technology ETF by 84.3% in the 4th 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 last quarter. Activest Wealth Management bought a new position in iShares U.S. Technology ETF in the 3rd quarter valued at approximately $52,000. China Universal Asset Management Co. Ltd. lifted its stake in iShares U.S. Technology ETF by 37,900.0% in the 4th 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 last quarter. Finally, Legacy Investment Solutions LLC bought a new position in shares of iShares U.S. Technology ETF during the third quarter valued at $63,000.

iShares U.S. Technology ETF Stock Performance

IYW stock opened at $162.66 on Tuesday. The company has a fifty day moving average price of $161.96 and a 200-day moving average price of $154.40. The company has a market capitalization of $19.98 billion, a P/E ratio of 38.84 and a beta of 1.43. iShares U.S. Technology ETF has a 52-week low of $124.32 and a 52-week high of $166.83.

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).