Petix & Botte Co Buys 2,910 Shares of iShares U.S. Technology ETF (NYSEARCA:IYW)

Petix & Botte Co raised its stake in iShares U.S. Technology ETF (NYSEARCA:IYW) by 148.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 4,873 shares of the exchange traded fund’s stock after purchasing an additional 2,910 shares during the quarter. Petix & Botte Co’s holdings in iShares U.S. Technology ETF were worth $777,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the stock. Phillips Financial Management LLC grew its stake in shares of iShares U.S. Technology ETF by 1,545.5% in the third quarter. Phillips Financial Management LLC now owns 181 shares of the exchange traded fund’s stock valued at $27,000 after buying an additional 170 shares in the last quarter. Brooklyn Investment Group lifted 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 acquiring an additional 91 shares during the last quarter. Activest Wealth Management acquired a new stake in iShares U.S. Technology ETF in the third quarter valued at $52,000. Legacy Investment Solutions LLC bought a new position in shares of iShares U.S. Technology ETF in the 3rd quarter valued at about $63,000. Finally, PSI Advisors LLC increased its stake in shares of iShares U.S. Technology ETF by 36.2% during 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 Stock Performance

Shares of NYSEARCA:IYW opened at $164.69 on Monday. iShares U.S. Technology ETF has a 52-week low of $124.32 and a 52-week high of $166.83. The company has a market capitalization of $20.23 billion, a P/E ratio of 38.84 and a beta of 1.43. The company has a 50-day simple moving average of $161.61 and a 200 day simple moving average of $153.68.

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).