Brookstone Capital Management Purchases 26,246 Shares of iShares U.S. Technology ETF (NYSEARCA:IYW)

Brookstone Capital Management lifted its position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 52.3% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 76,476 shares of the exchange traded fund’s stock after acquiring an additional 26,246 shares during the quarter. Brookstone Capital Management owned approximately 0.06% of iShares U.S. Technology ETF worth $10,329,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Trexquant Investment LP acquired a new position in shares of iShares U.S. Technology ETF in the 3rd quarter worth approximately $985,000. Synovus Financial Corp boosted its position in iShares U.S. Technology ETF by 4.9% during the third quarter. Synovus Financial Corp now owns 5,359 shares of the exchange traded fund’s stock valued at $562,000 after acquiring an additional 248 shares during the last quarter. Beacon Bridge Wealth Partners LLC bought a new stake in iShares U.S. Technology ETF during the third quarter valued at $1,522,000. Morningstar Investment Services LLC acquired a new stake in iShares U.S. Technology ETF during the 3rd quarter worth about $298,000. Finally, CWA Asset Management Group LLC raised its position in shares of iShares U.S. Technology ETF by 10.4% in the 3rd quarter. CWA Asset Management Group LLC now owns 5,872 shares of the exchange traded fund’s stock worth $616,000 after acquiring an additional 552 shares in the last quarter.

iShares U.S. Technology ETF Stock Up 0.2 %

NYSEARCA:IYW opened at $151.10 on Friday. The firm has a market capitalization of $18.56 billion, a P/E ratio of 38.84 and a beta of 1.43. iShares U.S. Technology ETF has a twelve month low of $100.84 and a twelve month high of $154.41. The company has a fifty day moving average of $139.74 and a 200-day moving average of $132.86.

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).