Pettinga Financial Advisors LLC Raises Stock Position in iShares U.S. Technology ETF (NYSEARCA:IYW)

Pettinga Financial Advisors LLC increased its stake in iShares U.S. Technology ETF (NYSEARCA:IYW) by 3.7% in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 71,480 shares of the exchange traded fund’s stock after acquiring an additional 2,555 shares during the quarter. iShares U.S. Technology ETF makes up about 2.5% of Pettinga Financial Advisors LLC’s portfolio, making the stock its 12th biggest holding. Pettinga Financial Advisors LLC owned 0.06% of iShares U.S. Technology ETF worth $9,654,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Headinvest LLC purchased a new stake in shares of iShares U.S. Technology ETF during the third quarter worth $42,000. Tidemark LLC purchased a new stake in shares of iShares U.S. Technology ETF during the fourth quarter worth $50,000. GAMMA Investing LLC purchased a new stake in shares of iShares U.S. Technology ETF during the fourth quarter worth $52,000. Park Place Capital Corp grew its holdings in shares of iShares U.S. Technology ETF by 51.4% during the fourth quarter. Park Place Capital Corp now owns 477 shares of the exchange traded fund’s stock worth $59,000 after buying an additional 162 shares in the last quarter. Finally, Creekmur Asset Management LLC purchased a new stake in shares of iShares U.S. Technology ETF during the fourth quarter worth $69,000.

iShares U.S. Technology ETF Stock Down 0.3 %

iShares U.S. Technology ETF stock opened at $150.00 on Monday. iShares U.S. Technology ETF has a 52-week low of $100.84 and a 52-week high of $154.41. The firm has a market capitalization of $18.43 billion, a price-to-earnings ratio of 38.84 and a beta of 1.43. The company has a fifty day simple moving average of $140.26 and a 200-day simple moving average of $133.25.

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).