Golden State Wealth Management LLC Takes Position in iShares U.S. Technology ETF (NYSEARCA:IYW)

Golden State Wealth Management LLC acquired a new position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 4,172 shares of the exchange traded fund’s stock, valued at approximately $666,000.

Several other institutional investors have also recently added to or reduced their stakes in IYW. FMR LLC boosted its position in shares of iShares U.S. Technology ETF by 11.0% during the third quarter. FMR LLC now owns 62,648 shares of the exchange traded fund’s stock worth $9,499,000 after buying an additional 6,225 shares during the period. Natixis Advisors LLC boosted its holdings in iShares U.S. Technology ETF by 28.1% during the 3rd quarter. Natixis Advisors LLC now owns 16,136 shares of the exchange traded fund’s stock valued at $2,447,000 after acquiring an additional 3,539 shares during the period. Great Valley Advisor Group Inc. grew its position in iShares U.S. Technology ETF by 1.9% in the 3rd quarter. Great Valley Advisor Group Inc. now owns 3,963 shares of the exchange traded fund’s stock valued at $600,000 after acquiring an additional 73 shares in the last quarter. Brown Brothers Harriman & Co. increased its stake in iShares U.S. Technology ETF by 81.7% during the third quarter. Brown Brothers Harriman & Co. now owns 545 shares of the exchange traded fund’s stock worth $83,000 after purchasing an additional 245 shares during the period. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors lifted its position in shares of iShares U.S. Technology ETF by 21.4% during the third quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 1,875 shares of the exchange traded fund’s stock worth $284,000 after purchasing an additional 330 shares in the last quarter.

iShares U.S. Technology ETF Stock Performance

Shares of IYW stock opened at $160.40 on Friday. iShares U.S. Technology ETF has a fifty-two week low of $124.32 and a fifty-two week high of $166.83. The company has a 50 day moving average price of $161.93 and a 200 day moving average price of $154.16. The stock has a market capitalization of $19.71 billion, a P/E ratio of 38.84 and a beta of 1.43.

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).