Benjamin F. Edwards & Company Inc. Grows Position in iShares U.S. Technology ETF (NYSEARCA:IYW)

Benjamin F. Edwards & Company Inc. increased its holdings in iShares U.S. Technology ETF (NYSEARCA:IYW) by 56.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 18,684 shares of the exchange traded fund’s stock after acquiring an additional 6,779 shares during the quarter. Benjamin F. Edwards & Company Inc.’s holdings in iShares U.S. Technology ETF were worth $2,293,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in IYW. Dakota Wealth Management purchased a new stake in iShares U.S. Technology ETF in the third quarter worth about $315,000. Crown Wealth Group LLC lifted its position in shares of iShares U.S. Technology ETF by 16.7% during the third quarter. Crown Wealth Group LLC now owns 38,424 shares of the exchange traded fund’s stock valued at $4,031,000 after buying an additional 5,504 shares during the last quarter. Verdence Capital Advisors LLC lifted its position in shares of iShares U.S. Technology ETF by 15.5% during the third quarter. Verdence Capital Advisors LLC now owns 2,162 shares of the exchange traded fund’s stock valued at $227,000 after buying an additional 290 shares during the last quarter. Kanawha Capital Management LLC lifted its position in shares of iShares U.S. Technology ETF by 4.8% during the third quarter. Kanawha Capital Management LLC now owns 3,512 shares of the exchange traded fund’s stock valued at $369,000 after buying an additional 161 shares during the last quarter. Finally, Advisor Partners II LLC lifted its position in shares of iShares U.S. Technology ETF by 152.1% during the third quarter. Advisor Partners II LLC now owns 6,588 shares of the exchange traded fund’s stock valued at $691,000 after buying an additional 3,975 shares during the last quarter.

iShares U.S. Technology ETF Stock Performance

IYW stock opened at $132.17 on Friday. The firm has a market cap of $16.24 billion, a price-to-earnings ratio of 38.84 and a beta of 1.43. The firm has a 50-day simple moving average of $132.72 and a two-hundred day simple moving average of $124.58. iShares U.S. Technology ETF has a one year low of $90.76 and a one year high of $137.54.

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).