iShares U.S. Technology ETF (NYSEARCA:IYW) Shares Bought by Wealthcare Advisory Partners LLC

Wealthcare Advisory Partners LLC grew its stake in iShares U.S. Technology ETF (NYSEARCA:IYW) by 73.7% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 5,056 shares of the exchange traded fund’s stock after buying an additional 2,145 shares during the period. Wealthcare Advisory Partners LLC’s holdings in iShares U.S. Technology ETF were worth $683,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the stock. Trexquant Investment LP acquired a new stake in shares of iShares U.S. Technology ETF in the third quarter valued at approximately $985,000. Synovus Financial Corp boosted its stake in iShares U.S. Technology ETF by 4.9% during the 3rd quarter. Synovus Financial Corp now owns 5,359 shares of the exchange traded fund’s stock worth $562,000 after purchasing an additional 248 shares during the period. Axxcess Wealth Management LLC purchased a new position in iShares U.S. Technology ETF during the 3rd quarter worth $336,000. Ameriprise Financial Inc. increased its stake in iShares U.S. Technology ETF by 1.0% in the third quarter. Ameriprise Financial Inc. now owns 1,004,033 shares of the exchange traded fund’s stock valued at $105,271,000 after purchasing an additional 9,630 shares during the period. Finally, Lakeshore Financial Planning Inc. purchased a new stake in shares of iShares U.S. Technology ETF in the third quarter valued at about $200,000.

iShares U.S. Technology ETF Stock Down 0.4 %

IYW opened at $150.50 on Friday. iShares U.S. Technology ETF has a 52 week low of $100.84 and a 52 week high of $154.41. The business has a 50 day moving average price of $140.26 and a two-hundred day moving average price of $133.17. The company has a market cap of $18.49 billion, a PE ratio of 38.84 and a beta of 1.43.

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).