Private Client Services LLC Takes $458,000 Position in iShares U.S. Technology ETF (NYSEARCA:IYW)

Private Client Services LLC purchased a new stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) in the 3rd quarter, Holdings Channel reports. The fund purchased 3,023 shares of the exchange traded fund’s stock, valued at approximately $458,000.

Several other large investors have also recently added to or reduced their stakes in IYW. CIBC Private Wealth Group LLC increased its position in shares of iShares U.S. Technology ETF by 20.7% in the fourth quarter. CIBC Private Wealth Group LLC now owns 93,943 shares of the exchange traded fund’s stock worth $11,532,000 after purchasing an additional 16,103 shares during the period. Morningstar Investment Services LLC lifted its holdings in shares of iShares U.S. Technology ETF by 486.1% during the fourth quarter. Morningstar Investment Services LLC now owns 16,698 shares of the exchange traded fund’s stock worth $2,059,000 after purchasing an additional 13,849 shares during the period. AdvisorShares Investments LLC bought a new stake in shares of iShares U.S. Technology ETF in the 4th quarter valued at about $2,836,000. NCM Capital Management LLC raised its holdings in iShares U.S. Technology ETF by 1.9% during the 4th quarter. NCM Capital Management LLC now owns 9,941 shares of the exchange traded fund’s stock worth $1,220,000 after purchasing an additional 183 shares during the last quarter. Finally, Vermillion & White Wealth Management Group LLC acquired a new position in iShares U.S. Technology ETF in the fourth quarter valued at $119,000.

iShares U.S. Technology ETF Stock Up 0.5 %

IYW stock opened at $149.81 on Friday. The company’s fifty day simple moving average is $145.00 and its 200 day simple moving average is $142.42. iShares U.S. Technology ETF has a 12-month low of $100.84 and a 12-month high of $158.97. The firm has a market cap of $18.40 billion, a price-to-earnings ratio of 38.84 and a beta of 1.43.

iShares U.S. Technology ETF 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).