Terra Nova Asset Management LLC Purchases 397 Shares of iShares U.S. Technology ETF (NYSEARCA:IYW)

Terra Nova Asset Management LLC grew its stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 2.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 14,815 shares of the exchange traded fund’s stock after buying an additional 397 shares during the quarter. iShares U.S. Technology ETF accounts for approximately 1.6% of Terra Nova Asset Management LLC’s portfolio, making the stock its 28th largest holding. Terra Nova Asset Management LLC’s holdings in iShares U.S. Technology ETF were worth $1,819,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Barclays PLC purchased a new stake in shares of iShares U.S. Technology ETF during the first quarter worth about $25,000. Authentikos Wealth Advisory LLC purchased a new stake in iShares U.S. Technology ETF in the third quarter worth about $33,000. Tucker Asset Management LLC lifted its holdings in iShares U.S. Technology ETF by 286.6% in the second quarter. Tucker Asset Management LLC now owns 317 shares of the exchange traded fund’s stock worth $35,000 after buying an additional 235 shares during the period. Sheets Smith Wealth Management purchased a new stake in iShares U.S. Technology ETF in the third quarter worth about $35,000. Finally, Coppell Advisory Solutions LLC purchased a new stake in iShares U.S. Technology ETF in the second quarter worth about $39,000.

iShares U.S. Technology ETF Price Performance

Shares of IYW opened at $135.06 on Friday. iShares U.S. Technology ETF has a one year low of $88.64 and a one year high of $137.54. The company has a 50-day simple moving average of $132.34 and a two-hundred day simple moving average of $120.11. The firm has a market capitalization of $13.89 billion, a PE ratio of 21.40 and a beta of 1.15.

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).