Cypress Wealth Services LLC Purchases 5,247 Shares of iShares U.S. Technology ETF (NYSEARCA:IYW)

Cypress Wealth Services LLC boosted its position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 11.1% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 52,492 shares of the exchange traded fund’s stock after buying an additional 5,247 shares during the quarter. iShares U.S. Technology ETF makes up about 1.7% of Cypress Wealth Services LLC’s holdings, making the stock its 13th biggest holding. Cypress Wealth Services LLC’s holdings in iShares U.S. Technology ETF were worth $7,090,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Headinvest LLC purchased a new position in iShares U.S. Technology ETF during the 3rd quarter valued at $42,000. Tidemark LLC purchased a new position in iShares U.S. Technology ETF during the 4th quarter valued at $50,000. GAMMA Investing LLC purchased a new position in iShares U.S. Technology ETF during the 4th quarter valued at $52,000. Park Place Capital Corp increased its position in iShares U.S. Technology ETF by 51.4% during the 4th quarter. Park Place Capital Corp now owns 477 shares of the exchange traded fund’s stock valued at $59,000 after purchasing an additional 162 shares during the period. Finally, Creekmur Asset Management LLC purchased a new position in iShares U.S. Technology ETF during the 4th quarter valued at $69,000.

iShares U.S. Technology ETF Price Performance

iShares U.S. Technology ETF stock traded up $0.65 during mid-day trading on Friday, reaching $151.75. 349,609 shares of the company traded hands, compared to its average volume of 881,756. The firm’s 50 day moving average price is $139.74 and its 200 day moving average price is $132.86. The firm has a market capitalization of $18.64 billion, a price-to-earnings ratio of 38.84 and a beta of 1.43. iShares U.S. Technology ETF has a 52-week low of $100.84 and a 52-week 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).