Financial Life Advisors Acquires 1,675 Shares of iShares U.S. Technology ETF (NYSEARCA:IYW)

Financial Life Advisors increased its holdings in iShares U.S. Technology ETF (NYSEARCA:IYW) by 3.4% in the 2nd quarter, according to its most recent filing with the SEC. The institutional investor owned 50,758 shares of the exchange traded fund’s stock after buying an additional 1,675 shares during the quarter. iShares U.S. Technology ETF comprises approximately 3.1% of Financial Life Advisors’ portfolio, making the stock its 12th biggest position. Financial Life Advisors’ holdings in iShares U.S. Technology ETF were worth $7,639,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of IYW. Envestnet Asset Management Inc. grew its stake in shares of iShares U.S. Technology ETF by 38.6% in the fourth quarter. Envestnet Asset Management Inc. now owns 10,523,831 shares of the exchange traded fund’s stock worth $1,291,800,000 after acquiring an additional 2,928,731 shares during the period. Dynasty Wealth Management LLC purchased a new stake in iShares U.S. Technology ETF during the 1st quarter valued at $119,223,000. Cetera Investment Advisers lifted its holdings in shares of iShares U.S. Technology ETF by 131.6% during the 1st quarter. Cetera Investment Advisers now owns 743,002 shares of the exchange traded fund’s stock valued at $100,350,000 after buying an additional 422,212 shares during the period. 1832 Asset Management L.P. boosted its stake in shares of iShares U.S. Technology ETF by 6,689.2% in the 1st quarter. 1832 Asset Management L.P. now owns 373,406 shares of the exchange traded fund’s stock worth $50,432,000 after buying an additional 367,906 shares during the last quarter. Finally, FIL Ltd grew its holdings in shares of iShares U.S. Technology ETF by 33.2% in the fourth quarter. FIL Ltd now owns 1,456,287 shares of the exchange traded fund’s stock worth $178,759,000 after acquiring an additional 363,201 shares during the period.

iShares U.S. Technology ETF Stock Performance

iShares U.S. Technology ETF stock opened at $146.94 on Monday. iShares U.S. Technology ETF has a one year low of $100.84 and a one year high of $158.97. The stock has a fifty day moving average of $146.03 and a 200 day moving average of $141.08. The stock has a market cap of $18.05 billion, a PE ratio of 38.84 and a beta of 1.43.

iShares U.S. Technology ETF Company 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).