iShares U.S. Technology ETF (NYSEARCA:IYW) Shares Purchased by Beacon Financial Group

Beacon Financial Group boosted its holdings in iShares U.S. Technology ETF (NYSEARCA:IYW) by 2.7% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 42,767 shares of the exchange traded fund’s stock after buying an additional 1,136 shares during the period. Beacon Financial Group’s holdings in iShares U.S. Technology ETF were worth $6,822,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in IYW. AQR Capital Management LLC purchased a new stake in shares of iShares U.S. Technology ETF during the 2nd quarter valued at $342,000. Armstrong Advisory Group Inc. acquired a new position in iShares U.S. Technology ETF in the third quarter valued at $98,000. Fifth Third Securities Inc. grew its position in iShares U.S. Technology ETF by 2.5% during the third quarter. Fifth Third Securities Inc. now owns 44,297 shares of the exchange traded fund’s stock valued at $6,716,000 after acquiring an additional 1,068 shares during the period. Keystone Wealth Services LLC increased its stake in iShares U.S. Technology ETF by 4.4% during the third quarter. Keystone Wealth Services LLC now owns 14,954 shares of the exchange traded fund’s stock worth $2,267,000 after acquiring an additional 635 shares during the last quarter. Finally, Investment Advisory Group LLC increased its stake in iShares U.S. Technology ETF by 1.0% during the third quarter. Investment Advisory Group LLC now owns 7,583 shares of the exchange traded fund’s stock worth $1,150,000 after acquiring an additional 73 shares during the last quarter.

iShares U.S. Technology ETF Price Performance

NYSEARCA IYW opened at $162.63 on Wednesday. iShares U.S. Technology ETF has a 1-year low of $124.32 and a 1-year 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. The business’s 50-day simple moving average is $161.97 and its 200-day simple moving average is $154.52.

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).