iShares U.S. Technology ETF (NYSEARCA:IYW) Stake Raised by Arkadios Wealth Advisors

Arkadios Wealth Advisors increased its holdings in iShares U.S. Technology ETF (NYSEARCA:IYW) by 16.9% in the 4th quarter, Holdings Channel reports. The fund owned 13,201 shares of the exchange traded fund’s stock after purchasing an additional 1,910 shares during the period. Arkadios Wealth Advisors’ holdings in iShares U.S. Technology ETF were worth $2,106,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of IYW. Phillips Financial Management LLC increased its position in iShares U.S. Technology ETF by 1,545.5% in the 3rd 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 last quarter. Brooklyn Investment Group increased its position in iShares U.S. Technology ETF by 84.3% in the 4th 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 last quarter. Activest Wealth Management acquired a new position in iShares U.S. Technology ETF in the 3rd quarter worth about $52,000. Legacy Investment Solutions LLC acquired a new position in iShares U.S. Technology ETF in the 3rd quarter worth about $63,000. Finally, PSI Advisors LLC increased its position in iShares U.S. Technology ETF by 36.2% in the 4th 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 last quarter.

iShares U.S. Technology ETF Price Performance

Shares of IYW stock opened at $161.29 on Friday. iShares U.S. Technology ETF has a fifty-two week low of $123.78 and a fifty-two week high of $166.47. The stock’s 50-day moving average is $161.12 and its two-hundred day moving average is $153.42. The firm has a market cap of $19.81 billion, a P/E ratio of 38.84 and a beta of 1.43.

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).