iShares U.S. Technology ETF (NYSEARCA:IYW) Shares Bought by Thoroughbred Financial Services LLC

Thoroughbred Financial Services LLC grew its stake in iShares U.S. Technology ETF (NYSEARCA:IYW) by 4.0% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 5,149 shares of the exchange traded fund’s stock after purchasing an additional 198 shares during the quarter. Thoroughbred Financial Services LLC’s holdings in iShares U.S. Technology ETF were worth $821,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of the stock. Guidance Point Advisors LLC raised its position in shares of iShares U.S. Technology ETF by 30.2% during the 4th quarter. Guidance Point Advisors LLC now owns 1,892 shares of the exchange traded fund’s stock valued at $302,000 after acquiring an additional 439 shares in the last quarter. Arete Wealth Advisors LLC raised its holdings in shares of iShares U.S. Technology ETF by 39.8% during the fourth quarter. Arete Wealth Advisors LLC now owns 4,193 shares of the exchange traded fund’s stock worth $670,000 after purchasing an additional 1,194 shares during the period. Kesler Norman & Wride LLC lifted its position in shares of iShares U.S. Technology ETF by 28.9% in the 4th quarter. Kesler Norman & Wride LLC now owns 5,188 shares of the exchange traded fund’s stock worth $828,000 after buying an additional 1,164 shares during the last quarter. Trexquant Investment LP lifted its position in shares of iShares U.S. Technology ETF by 11.7% in the 4th quarter. Trexquant Investment LP now owns 1,809 shares of the exchange traded fund’s stock worth $289,000 after buying an additional 189 shares during the last quarter. Finally, Headlands Technologies LLC acquired a new position in shares of iShares U.S. Technology ETF in the 4th quarter valued at about $40,000.

iShares U.S. Technology ETF Stock Down 6.4 %

IYW opened at $124.50 on Friday. The firm has a market cap of $15.53 billion, a price-to-earnings ratio of 31.74 and a beta of 1.22. iShares U.S. Technology ETF has a fifty-two week low of $124.25 and a fifty-two week high of $167.30. The company’s 50-day moving average price is $152.70 and its 200 day moving average price is $156.19.

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).