57,421 Shares in iShares U.S. Technology ETF (NYSEARCA:IYW) Purchased by Finley Financial LLC

Finley Financial LLC acquired a new position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) in the 4th quarter, Holdings Channel.com reports. The firm acquired 57,421 shares of the exchange traded fund’s stock, valued at approximately $9,197,000. iShares U.S. Technology ETF accounts for 4.8% of Finley Financial LLC’s portfolio, making the stock its 6th biggest holding.

Several other institutional investors and hedge funds have also bought and sold shares of IYW. Phillips Financial Management LLC lifted its position in iShares U.S. Technology ETF by 1,545.5% during the third quarter. Phillips Financial Management LLC now owns 181 shares of the exchange traded fund’s stock worth $27,000 after purchasing an additional 170 shares during the period. Brooklyn Investment Group lifted its position in iShares U.S. Technology ETF by 84.3% during the fourth quarter. Brooklyn Investment Group now owns 199 shares of the exchange traded fund’s stock worth $32,000 after purchasing an additional 91 shares during the period. Activest Wealth Management bought a new stake in iShares U.S. Technology ETF during the third quarter worth about $52,000. Legacy Investment Solutions LLC bought a new stake in iShares U.S. Technology ETF during the third quarter worth about $63,000. Finally, PSI Advisors LLC lifted its position in iShares U.S. Technology ETF by 36.2% during the fourth quarter. PSI Advisors LLC now owns 463 shares of the exchange traded fund’s stock worth $74,000 after purchasing an additional 123 shares during the period.

iShares U.S. Technology ETF Trading Up 0.7 %

Shares of NYSEARCA IYW opened at $162.37 on Wednesday. The company has a market cap of $19.95 billion, a price-to-earnings ratio of 38.84 and a beta of 1.43. iShares U.S. Technology ETF has a 12 month low of $124.32 and a 12 month high of $166.47. The stock has a 50-day moving average price of $161.17 and a two-hundred day moving average price of $153.50.

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).