Newton One Investments LLC Acquires Shares of 478 iShares U.S. Technology ETF (NYSEARCA:IYW)

Newton One Investments LLC purchased a new position in iShares U.S. Technology ETF (NYSEARCA:IYW) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 478 shares of the exchange traded fund’s stock, valued at approximately $76,000.

Several other institutional investors and hedge funds have also bought and sold shares of IYW. Phillips Financial Management LLC increased its stake in 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 acquiring an additional 170 shares during the last quarter. Brooklyn Investment Group boosted its stake in shares of 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 valued at $32,000 after purchasing an additional 91 shares in the last quarter. Activest Wealth Management acquired a new position in iShares U.S. Technology ETF during the 3rd quarter worth approximately $52,000. China Universal Asset Management Co. Ltd. lifted its stake in iShares U.S. Technology ETF by 37,900.0% in the 4th quarter. China Universal Asset Management Co. Ltd. now owns 380 shares of the exchange traded fund’s stock valued at $61,000 after purchasing an additional 379 shares during the last quarter. Finally, Legacy Investment Solutions LLC acquired a new stake in iShares U.S. Technology ETF in the third quarter valued at approximately $63,000.

iShares U.S. Technology ETF Stock Performance

Shares of IYW opened at $157.56 on Tuesday. The stock has a market capitalization of $19.36 billion, a price-to-earnings ratio of 38.84 and a beta of 1.43. iShares U.S. Technology ETF has a 52 week low of $124.32 and a 52 week high of $166.83. The stock has a fifty day moving average of $161.76 and a 200-day moving average of $153.91.

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).