ICA Group Wealth Management LLC Acquires New Shares in iShares U.S. Technology ETF (NYSEARCA:IYW)

ICA Group Wealth Management LLC acquired a new stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) during the fourth quarter, according to its most recent filing with the SEC. The fund acquired 1,429 shares of the exchange traded fund’s stock, valued at approximately $175,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Headinvest LLC purchased a new stake in iShares U.S. Technology ETF in the 3rd quarter worth approximately $42,000. Tidemark LLC purchased a new stake in iShares U.S. Technology ETF in the 4th quarter worth approximately $50,000. GAMMA Investing LLC purchased a new stake in iShares U.S. Technology ETF in the 4th quarter worth approximately $52,000. Park Place Capital Corp raised its position in shares of iShares U.S. Technology ETF by 51.4% in the 4th quarter. Park Place Capital Corp now owns 477 shares of the exchange traded fund’s stock worth $59,000 after acquiring an additional 162 shares in the last quarter. Finally, Creekmur Asset Management LLC bought a new position in shares of iShares U.S. Technology ETF in the 4th quarter worth approximately $69,000.

iShares U.S. Technology ETF Stock Down 0.3 %

Shares of NYSEARCA:IYW traded down $0.40 during trading on Monday, hitting $150.68. The stock had a trading volume of 66,430 shares, compared to its average volume of 876,755. iShares U.S. Technology ETF has a 12 month low of $100.84 and a 12 month high of $151.65. The company has a market capitalization of $18.51 billion, a PE ratio of 38.84 and a beta of 1.43. The firm’s fifty day moving average is $136.36 and its 200 day moving average is $130.92.

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).