Western Wealth Management LLC Acquires 5,460 Shares of iShares U.S. Technology ETF (NYSEARCA:IYW)

Western Wealth Management LLC grew its holdings in iShares U.S. Technology ETF (NYSEARCA:IYW) by 68.3% during the 4th quarter, HoldingsChannel.com reports. The firm owned 13,460 shares of the exchange traded fund’s stock after buying an additional 5,460 shares during the quarter. Western Wealth Management LLC’s holdings in iShares U.S. Technology ETF were worth $1,652,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of IYW. International Assets Investment Management LLC increased its holdings in iShares U.S. Technology ETF by 13,488.1% during the 4th quarter. International Assets Investment Management LLC now owns 1,145,345 shares of the exchange traded fund’s stock worth $140,591,000 after acquiring an additional 1,136,916 shares during the period. Morgan Stanley increased its holdings in shares of iShares U.S. Technology ETF by 22.7% in the 4th quarter. Morgan Stanley now owns 5,989,447 shares of the exchange traded fund’s stock worth $446,154,000 after buying an additional 1,109,984 shares during the last quarter. Envestnet Portfolio Solutions Inc. bought a new position in shares of iShares U.S. Technology ETF in the 3rd quarter worth $90,722,000. BlackRock Inc. increased its holdings in shares of iShares U.S. Technology ETF by 43.8% in the 1st quarter. BlackRock Inc. now owns 2,587,110 shares of the exchange traded fund’s stock worth $240,110,000 after buying an additional 788,079 shares during the last quarter. Finally, The Manufacturers Life Insurance Company increased its holdings in shares of iShares U.S. Technology ETF by 3,606.9% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 622,757 shares of the exchange traded fund’s stock worth $65,337,000 after buying an additional 605,957 shares during the last quarter.

iShares U.S. Technology ETF Trading Down 1.2 %

Shares of NYSEARCA:IYW traded down $1.48 during trading on Friday, reaching $126.93. The company had a trading volume of 316,691 shares, compared to its average volume of 854,662. The company has a fifty day moving average of $133.42 and a two-hundred day moving average of $122.87. The stock has a market capitalization of $15.49 billion, a P/E ratio of 40.59 and a beta of 1.39. iShares U.S. Technology ETF has a 12 month low of $88.64 and a 12 month high of $137.54.

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).