Eq LLC Purchases 3,140 Shares of iShares U.S. Technology ETF (NYSEARCA:IYW)

Eq LLC grew its holdings in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 14.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 24,232 shares of the exchange traded fund’s stock after acquiring an additional 3,140 shares during the period. iShares U.S. Technology ETF accounts for approximately 1.8% of Eq LLC’s investment portfolio, making the stock its 17th biggest holding. Eq LLC’s holdings in iShares U.S. Technology ETF were worth $3,866,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in IYW. Phillips Financial Management LLC lifted its position in shares of iShares U.S. Technology ETF by 1,545.5% during the 3rd quarter. Phillips Financial Management LLC now owns 181 shares of the exchange traded fund’s stock valued at $27,000 after acquiring an additional 170 shares during the period. Brooklyn Investment Group increased its stake in iShares U.S. Technology ETF by 84.3% in the fourth quarter. Brooklyn Investment Group now owns 199 shares of the exchange traded fund’s stock valued at $32,000 after purchasing an additional 91 shares in the last quarter. Avion Wealth acquired a new position in shares of iShares U.S. Technology ETF during the fourth quarter valued at about $47,000. Activest Wealth Management acquired a new position in shares of iShares U.S. Technology ETF during the third quarter valued at about $52,000. Finally, Kestra Investment Management LLC bought a new position in shares of iShares U.S. Technology ETF during the 4th quarter worth about $53,000.

iShares U.S. Technology ETF Price Performance

Shares of iShares U.S. Technology ETF stock opened at $156.50 on Wednesday. The business has a 50-day simple moving average of $161.74 and a 200 day simple moving average of $156.26. iShares U.S. Technology ETF has a one year low of $124.32 and a one year high of $167.30. The firm has a market capitalization of $19.66 billion, a price-to-earnings ratio of 35.73 and a beta of 1.14.

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).