Commonwealth Equity Services LLC Acquires 13,670 Shares of iShares U.S. Technology ETF (NYSEARCA:IYW)

Commonwealth Equity Services LLC boosted its stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 1.6% during the fourth quarter, Holdings Channel reports. The fund owned 873,105 shares of the exchange traded fund’s stock after acquiring an additional 13,670 shares during the period. Commonwealth Equity Services LLC’s holdings in iShares U.S. Technology ETF were worth $139,278,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Howard Capital Management Group LLC raised its position in shares of iShares U.S. Technology ETF by 1.1% during the third quarter. Howard Capital Management Group LLC now owns 208,920 shares of the exchange traded fund’s stock worth $31,677,000 after acquiring an additional 2,312 shares during the last quarter. Assetmark Inc. lifted its holdings in iShares U.S. Technology ETF by 8.1% in the third quarter. Assetmark Inc. now owns 27,631 shares of the exchange traded fund’s stock valued at $4,189,000 after buying an additional 2,077 shares during the period. Nations Financial Group Inc. IA ADV bought a new position in iShares U.S. Technology ETF in the third quarter valued at approximately $247,000. Prime Capital Investment Advisors LLC grew its holdings in iShares U.S. Technology ETF by 8.2% during the 3rd quarter. Prime Capital Investment Advisors LLC now owns 44,534 shares of the exchange traded fund’s stock worth $6,752,000 after acquiring an additional 3,367 shares during the period. Finally, Oppenheimer & Co. Inc. raised its position in shares of iShares U.S. Technology ETF by 6.9% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 7,337 shares of the exchange traded fund’s stock valued at $1,112,000 after acquiring an additional 471 shares during the last quarter.

iShares U.S. Technology ETF Stock Up 1.8 %

NYSEARCA:IYW opened at $144.67 on Thursday. iShares U.S. Technology ETF has a 12-month low of $124.32 and a 12-month high of $167.30. The stock’s fifty day simple moving average is $158.92 and its 200-day simple moving average is $156.38. The firm has a market capitalization of $18.17 billion, a P/E ratio of 35.73 and a beta of 1.14.

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).