8,303 Shares in iShares U.S. Technology ETF (NYSEARCA:IYW) Purchased by Sofi Wealth LLC

Sofi Wealth LLC acquired a new position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 8,303 shares of the exchange traded fund’s stock, valued at approximately $1,324,000. iShares U.S. Technology ETF makes up about 0.1% of Sofi Wealth LLC’s investment portfolio, making the stock its 16th largest position.

A number of other institutional investors have also added to or reduced their stakes in the business. Twin Peaks Wealth Advisors LLC increased its stake in iShares U.S. Technology ETF by 5.3% in the 4th quarter. Twin Peaks Wealth Advisors LLC now owns 11,908 shares of the exchange traded fund’s stock worth $1,900,000 after acquiring an additional 594 shares during the last quarter. IFP Advisors Inc increased its stake in iShares U.S. Technology ETF by 154.9% in the 4th quarter. IFP Advisors Inc now owns 33,691 shares of the exchange traded fund’s stock worth $5,375,000 after acquiring an additional 20,476 shares during the last quarter. Midwest Capital Advisors LLC bought a new position in iShares U.S. Technology ETF in the 4th quarter worth about $5,807,000. Union Bancaire Privee UBP SA bought a new position in iShares U.S. Technology ETF in the 4th quarter worth about $123,000. Finally, World Equity Group Inc. increased its stake in iShares U.S. Technology ETF by 30.0% in the 4th quarter. World Equity Group Inc. now owns 8,844 shares of the exchange traded fund’s stock worth $1,411,000 after acquiring an additional 2,040 shares during the last quarter.

iShares U.S. Technology ETF Stock Down 1.5 %

Shares of NYSEARCA IYW opened at $159.14 on Tuesday. The firm has a market capitalization of $19.55 billion, a P/E ratio of 38.84 and a beta of 1.43. The stock’s 50-day simple moving average is $161.92 and its two-hundred day simple moving average is $156.13. iShares U.S. Technology ETF has a twelve month low of $124.32 and a twelve month high of $167.30.

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).