Stratos Investment Management LLC Acquires 2,072 Shares of iShares U.S. Technology ETF (NYSEARCA:IYW)

Stratos Investment Management LLC increased its holdings in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 79.1% during the fourth quarter, HoldingsChannel reports. The firm owned 4,690 shares of the exchange traded fund’s stock after buying an additional 2,072 shares during the period. Stratos Investment Management LLC’s holdings in iShares U.S. Technology ETF were worth $748,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of IYW. Phillips Financial Management LLC lifted its holdings in shares of iShares U.S. Technology ETF by 1,545.5% during the third quarter. Phillips Financial Management LLC now owns 181 shares of the exchange traded fund’s stock valued at $27,000 after purchasing an additional 170 shares in the last quarter. Brooklyn Investment Group lifted its holdings in shares of iShares U.S. Technology ETF by 84.3% during the fourth 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 bought a new position in shares of iShares U.S. Technology ETF during the third quarter valued at $52,000. China Universal Asset Management Co. Ltd. lifted its holdings in shares of iShares U.S. Technology ETF by 37,900.0% during the fourth 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 in the last quarter. Finally, Legacy Investment Solutions LLC bought a new position in shares of iShares U.S. Technology ETF during the third quarter valued at $63,000.

iShares U.S. Technology ETF Stock Performance

IYW stock opened at $161.22 on Thursday. iShares U.S. Technology ETF has a fifty-two week low of $124.32 and a fifty-two week high of $166.83. The business’s 50-day moving average is $161.83 and its two-hundred day moving average is $154.04. The company has a market cap of $19.81 billion, a price-to-earnings ratio of 38.84 and a beta of 1.43.

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).