Biondo Investment Advisors LLC Buys 590 Shares of iShares U.S. Technology ETF (NYSEARCA:IYW)

Biondo Investment Advisors LLC grew its position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 17.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 4,000 shares of the exchange traded fund’s stock after acquiring an additional 590 shares during the quarter. Biondo Investment Advisors LLC’s holdings in iShares U.S. Technology ETF were worth $638,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in the company. Brooklyn Investment Group boosted its holdings in iShares U.S. Technology ETF by 84.3% during the fourth quarter. Brooklyn Investment Group now owns 199 shares of the exchange traded fund’s stock worth $32,000 after purchasing an additional 91 shares during the last quarter. SRS Capital Advisors Inc. boosted its stake in shares of iShares U.S. Technology ETF by 43.7% in the 4th quarter. SRS Capital Advisors Inc. now owns 296 shares of the exchange traded fund’s stock worth $47,000 after buying an additional 90 shares during the last quarter. Avion Wealth bought a new position in shares of iShares U.S. Technology ETF in the fourth quarter valued at approximately $47,000. Atala Financial Inc bought a new position in shares of iShares U.S. Technology ETF in the fourth quarter valued at approximately $52,000. Finally, Kestra Investment Management LLC bought a new stake in iShares U.S. Technology ETF during the fourth quarter worth $53,000.

iShares U.S. Technology ETF Price Performance

NYSEARCA IYW opened at $140.66 on Friday. The business’s fifty day moving average is $155.45 and its 200-day moving average is $156.42. The stock has a market capitalization of $17.55 billion, a price-to-earnings ratio of 33.00 and a beta of 1.16. iShares U.S. Technology ETF has a one year low of $124.32 and a one year high of $167.30.

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).