iShares U.S. Technology ETF (NYSEARCA:IYW) Stock Position Raised by Patton Albertson Miller Group LLC

Patton Albertson Miller Group LLC grew its stake in iShares U.S. Technology ETF (NYSEARCA:IYW) by 26.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 79,673 shares of the exchange traded fund’s stock after buying an additional 16,666 shares during the period. iShares U.S. Technology ETF makes up about 1.7% of Patton Albertson Miller Group LLC’s holdings, making the stock its 8th biggest holding. Patton Albertson Miller Group LLC’s holdings in iShares U.S. Technology ETF were worth $12,709,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently made changes to their positions in IYW. International Assets Investment Management LLC raised its holdings in shares of iShares U.S. Technology ETF by 29,435.7% during the 3rd quarter. International Assets Investment Management LLC now owns 3,190,156 shares of the exchange traded fund’s stock valued at $483,691,000 after buying an additional 3,179,355 shares in the last quarter. The Manufacturers Life Insurance Company raised its stake in shares of iShares U.S. Technology ETF by 4,550.8% during the third quarter. The Manufacturers Life Insurance Company now owns 553,450 shares of the exchange traded fund’s stock worth $83,914,000 after acquiring an additional 541,550 shares in the last quarter. Sanctuary Advisors LLC purchased a new position in shares of iShares U.S. Technology ETF during the second quarter worth approximately $57,410,000. HighTower Advisors LLC lifted its holdings in shares of iShares U.S. Technology ETF by 55.1% in the 3rd quarter. HighTower Advisors LLC now owns 360,435 shares of the exchange traded fund’s stock worth $54,626,000 after acquiring an additional 128,052 shares during the last quarter. Finally, LPL Financial LLC boosted its stake in shares of iShares U.S. Technology ETF by 3.0% in the 3rd quarter. LPL Financial LLC now owns 4,133,439 shares of the exchange traded fund’s stock valued at $626,712,000 after purchasing an additional 120,614 shares in the last quarter.

iShares U.S. Technology ETF Stock Performance

IYW stock opened at $164.69 on Friday. The firm has a market cap of $20.23 billion, a P/E ratio of 38.84 and a beta of 1.43. The firm’s fifty day moving average is $161.61 and its 200 day moving average is $153.71. iShares U.S. Technology ETF has a 52 week low of $124.32 and a 52 week high of $166.83.

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).