NewEdge Advisors LLC Boosts Holdings in iShares U.S. Technology ETF (NYSEARCA:IYW)

NewEdge Advisors LLC increased its holdings in iShares U.S. Technology ETF (NYSEARCA:IYW) by 18.0% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 526,572 shares of the exchange traded fund’s stock after purchasing an additional 80,260 shares during the period. NewEdge Advisors LLC owned approximately 0.43% of iShares U.S. Technology ETF worth $83,999,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Howard Capital Management Group LLC increased its holdings in shares of iShares U.S. Technology ETF by 1.1% in the third quarter. Howard Capital Management Group LLC now owns 208,920 shares of the exchange traded fund’s stock worth $31,677,000 after buying an additional 2,312 shares during the period. Barclays PLC grew its position in iShares U.S. Technology ETF by 192.7% during the 3rd quarter. Barclays PLC now owns 15,437 shares of the exchange traded fund’s stock worth $2,340,000 after acquiring an additional 10,163 shares during the last quarter. Westside Investment Management Inc. grew its position in iShares U.S. Technology ETF by 1.7% during the 3rd quarter. Westside Investment Management Inc. now owns 6,901 shares of the exchange traded fund’s stock worth $1,033,000 after acquiring an additional 116 shares during the last quarter. Fulcrum Equity Management increased its stake in iShares U.S. Technology ETF by 5.1% in the 3rd quarter. Fulcrum Equity Management now owns 7,012 shares of the exchange traded fund’s stock worth $1,063,000 after purchasing an additional 340 shares during the period. Finally, Eaton Financial Holdings Company LLC bought a new stake in iShares U.S. Technology ETF in the third quarter valued at approximately $1,058,000.

iShares U.S. Technology ETF Stock Performance

Shares of iShares U.S. Technology ETF stock opened at $136.94 on Wednesday. iShares U.S. Technology ETF has a 52-week low of $117.55 and a 52-week high of $167.30. The company’s 50 day moving average price is $147.71 and its 200-day moving average price is $155.06. The stock has a market capitalization of $17.08 billion, a price-to-earnings ratio of 31.74 and a beta of 1.22.

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).