Stephens Inc. AR Grows Stock Position in iShares U.S. Technology ETF (NYSEARCA:IYW)

Stephens Inc. AR increased its position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 3.0% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 26,652 shares of the exchange traded fund’s stock after purchasing an additional 782 shares during the quarter. Stephens Inc. AR’s holdings in iShares U.S. Technology ETF were worth $4,251,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently added to or reduced their stakes in the company. Phillips Financial Management LLC lifted its stake 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 in the last quarter. Brooklyn Investment Group increased its holdings in shares of 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 purchasing an additional 91 shares during the last quarter. Activest Wealth Management purchased a new position in iShares U.S. Technology ETF during the third quarter worth approximately $52,000. China Universal Asset Management Co. Ltd. raised its holdings in shares of iShares U.S. Technology ETF by 37,900.0% during the 4th quarter. China Universal Asset Management Co. Ltd. now owns 380 shares of the exchange traded fund’s stock worth $61,000 after acquiring an additional 379 shares during the period. Finally, Legacy Investment Solutions LLC acquired a new position in shares of iShares U.S. Technology ETF during the 3rd quarter valued at about $63,000.

iShares U.S. Technology ETF Trading Up 1.4 %

Shares of IYW opened at $162.66 on Tuesday. The firm has a 50-day moving average price of $161.96 and a 200 day moving average price of $154.40. iShares U.S. Technology ETF has a 12-month low of $124.32 and a 12-month high of $166.83. The firm has a market capitalization of $19.98 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).