LVW Advisors LLC Grows Stake in iShares U.S. Technology ETF (NYSEARCA:IYW)

LVW Advisors LLC lifted its stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 0.6% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 13,870 shares of the exchange traded fund’s stock after buying an additional 84 shares during the period. LVW Advisors LLC’s holdings in iShares U.S. Technology ETF were worth $1,873,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in IYW. Trexquant Investment LP acquired a new stake in shares of iShares U.S. Technology ETF during the third quarter worth $985,000. Synovus Financial Corp lifted 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 purchasing an additional 248 shares during the period. Axxcess Wealth Management LLC acquired a new position in iShares U.S. Technology ETF during the third quarter valued at $336,000. Ameriprise Financial Inc. lifted its position in iShares U.S. Technology ETF by 1.0% during 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. acquired a new position in iShares U.S. Technology ETF during the third quarter valued at $200,000.

iShares U.S. Technology ETF Price Performance

NYSEARCA IYW opened at $150.50 on Monday. The company has a market capitalization of $18.49 billion, a PE ratio of 38.84 and a beta of 1.43. The company has a fifty day moving average of $140.26 and a 200 day moving average of $133.25. iShares U.S. Technology ETF has a 1 year low of $100.84 and a 1 year high of $154.41.

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).