Kickstand Ventures LLC. Grows Stake in iShares U.S. Technology ETF (NYSEARCA:IYW)

Kickstand Ventures LLC. increased its position in iShares U.S. Technology ETF (NYSEARCA:IYW) by 30.0% in the fourth quarter, HoldingsChannel reports. The firm owned 54,508 shares of the exchange traded fund’s stock after purchasing an additional 12,581 shares during the quarter. iShares U.S. Technology ETF accounts for approximately 1.9% of Kickstand Ventures LLC.’s holdings, making the stock its 17th biggest holding. Kickstand Ventures LLC.’s holdings in iShares U.S. Technology ETF were worth $6,691,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Authentikos Wealth Advisory LLC bought a new position in shares of iShares U.S. Technology ETF during the third quarter valued at $33,000. LWM Advisory Services LLC bought a new stake in shares of iShares U.S. Technology ETF in the third quarter worth approximately $40,000. Headinvest LLC bought a new stake in shares of iShares U.S. Technology ETF in the third quarter worth approximately $42,000. Annis Gardner Whiting Capital Advisors LLC purchased a new position in shares of iShares U.S. Technology ETF during the third quarter valued at approximately $43,000. Finally, Signaturefd LLC lifted its position in iShares U.S. Technology ETF by 101.4% during the third quarter. Signaturefd LLC now owns 445 shares of the exchange traded fund’s stock valued at $47,000 after purchasing an additional 224 shares during the period.

iShares U.S. Technology ETF Stock Performance

Shares of NYSEARCA IYW traded down $0.81 during midday trading on Friday, hitting $137.54. 540,823 shares of the stock traded hands, compared to its average volume of 888,421. iShares U.S. Technology ETF has a one year low of $96.37 and a one year high of $139.39. The firm has a market capitalization of $16.90 billion, a P/E ratio of 38.84 and a beta of 1.43. The firm has a 50-day moving average of $133.03 and a two-hundred day moving average of $126.34.

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).