iShares U.S. Technology ETF (NYSEARCA:IYW) Stock Position Increased by Financial Freedom LLC

Financial Freedom LLC grew its stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 4.6% during the fourth quarter, Holdings Channel reports. The institutional investor owned 28,811 shares of the exchange traded fund’s stock after acquiring an additional 1,254 shares during the period. iShares U.S. Technology ETF makes up about 2.4% of Financial Freedom LLC’s holdings, making the stock its 11th largest position. Financial Freedom LLC’s holdings in iShares U.S. Technology ETF were worth $4,596,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. LVW Advisors LLC increased its position in shares of iShares U.S. Technology ETF by 1.9% in the fourth quarter. LVW Advisors LLC now owns 13,799 shares of the exchange traded fund’s stock worth $2,201,000 after acquiring an additional 260 shares in the last quarter. Terra Nova Asset Management LLC grew its position in iShares U.S. Technology ETF by 0.8% during the fourth quarter. Terra Nova Asset Management LLC now owns 16,578 shares of the exchange traded fund’s stock valued at $2,645,000 after purchasing an additional 124 shares in the last quarter. Client 1ST Advisory Group LLC purchased a new position in iShares U.S. Technology ETF during the fourth quarter valued at approximately $2,176,000. Ballew Advisors Inc grew its position in iShares U.S. Technology ETF by 11.2% during the fourth quarter. Ballew Advisors Inc now owns 12,353 shares of the exchange traded fund’s stock valued at $1,934,000 after purchasing an additional 1,246 shares in the last quarter. Finally, Jackson Square Capital LLC grew its position in iShares U.S. Technology ETF by 16.1% during the fourth quarter. Jackson Square Capital LLC now owns 1,676 shares of the exchange traded fund’s stock valued at $267,000 after purchasing an additional 233 shares in the last quarter.

iShares U.S. Technology ETF Stock Performance

Shares of IYW opened at $161.29 on Monday. The company has a market capitalization of $19.81 billion, a PE ratio of 38.84 and a beta of 1.43. The company’s 50 day moving average price is $161.12 and its 200 day moving average price is $153.41. iShares U.S. Technology ETF has a 52 week low of $123.78 and a 52 week high of $166.47.

iShares U.S. Technology ETF Company 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).