Sowell Financial Services LLC Has $3.60 Million Stock Holdings in iShares U.S. Technology ETF (NYSEARCA:IYW)

Sowell Financial Services LLC grew its holdings in iShares U.S. Technology ETF (NYSEARCA:IYW) by 19.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 22,587 shares of the exchange traded fund’s stock after purchasing an additional 3,738 shares during the quarter. Sowell Financial Services LLC’s holdings in iShares U.S. Technology ETF were worth $3,603,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Howard Capital Management Group LLC raised its stake in iShares U.S. Technology ETF by 1.1% during the 3rd quarter. Howard Capital Management Group LLC now owns 208,920 shares of the exchange traded fund’s stock worth $31,677,000 after buying an additional 2,312 shares during the period. QRG Capital Management Inc. raised its stake in iShares U.S. Technology ETF by 53.0% during the 3rd quarter. QRG Capital Management Inc. now owns 3,826 shares of the exchange traded fund’s stock worth $580,000 after buying an additional 1,326 shares during the period. CWA Asset Management Group LLC acquired a new position in iShares U.S. Technology ETF during the 3rd quarter worth approximately $808,000. Assetmark Inc. raised its stake in iShares U.S. Technology ETF by 8.1% during the 3rd quarter. Assetmark Inc. now owns 27,631 shares of the exchange traded fund’s stock worth $4,189,000 after buying an additional 2,077 shares during the period. Finally, Avid Wealth Partners LLC raised its stake in iShares U.S. Technology ETF by 6.2% during the 3rd quarter. Avid Wealth Partners LLC now owns 32,235 shares of the exchange traded fund’s stock worth $4,887,000 after buying an additional 1,874 shares during the period.

iShares U.S. Technology ETF Stock Performance

IYW stock opened at $149.09 on Monday. The stock’s 50 day simple moving average is $159.93 and its 200 day simple moving average is $156.54. iShares U.S. Technology ETF has a fifty-two week low of $124.32 and a fifty-two week high of $167.30. The company has a market cap of $18.73 billion, a P/E ratio of 35.73 and a beta of 1.14.

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).