Financial Life Advisors Raises Position in iShares U.S. Technology ETF (NYSEARCA:IYW)

Financial Life Advisors raised its stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 4.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 49,083 shares of the exchange traded fund’s stock after acquiring an additional 1,888 shares during the quarter. iShares U.S. Technology ETF makes up about 2.8% of Financial Life Advisors’ portfolio, making the stock its 12th biggest position. Financial Life Advisors’ holdings in iShares U.S. Technology ETF were worth $6,629,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. LVW Advisors LLC increased its holdings in iShares U.S. Technology ETF by 0.6% in the first quarter. LVW Advisors LLC now owns 13,870 shares of the exchange traded fund’s stock valued at $1,873,000 after buying an additional 84 shares during the last quarter. Northwest Capital Management Inc increased its position in shares of iShares U.S. Technology ETF by 2.7% in the 4th quarter. Northwest Capital Management Inc now owns 3,792 shares of the exchange traded fund’s stock worth $465,000 after purchasing an additional 99 shares during the last quarter. Lane & Associates LLC grew its position in iShares U.S. Technology ETF by 1.9% in the first quarter. Lane & Associates LLC now owns 6,891 shares of the exchange traded fund’s stock worth $931,000 after acquiring an additional 131 shares in the last quarter. Aveo Capital Partners LLC grew its position in iShares U.S. Technology ETF by 7.2% in the 4th quarter. Aveo Capital Partners LLC now owns 2,124 shares of the exchange traded fund’s stock worth $261,000 after purchasing an additional 142 shares during the last quarter. Finally, HCR Wealth Advisors lifted its holdings in shares of iShares U.S. Technology ETF by 1.5% during the 4th quarter. HCR Wealth Advisors now owns 9,741 shares of the exchange traded fund’s stock worth $1,196,000 after acquiring an additional 148 shares during the period.

iShares U.S. Technology ETF Price Performance

IYW traded up $1.00 during trading on Monday, reaching $151.50. The company had a trading volume of 417,805 shares, compared to its average volume of 883,005. The business’s fifty day moving average price is $140.26 and its 200 day moving average price is $133.25. The company has a market cap of $18.61 billion, a P/E ratio of 38.84 and a beta of 1.43. iShares U.S. Technology ETF has a 12 month low of $100.84 and a 12 month high of $154.41.

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).