Strategic Wealth Investment Group LLC Invests $494,000 in iShares U.S. Technology ETF (NYSEARCA:IYW)

Strategic Wealth Investment Group LLC bought a new stake in iShares U.S. Technology ETF (NYSEARCA:IYW) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 3,097 shares of the exchange traded fund’s stock, valued at approximately $494,000.

A number of other large investors have also recently made changes to their positions in the company. International Assets Investment Management LLC boosted its holdings in shares of iShares U.S. Technology ETF by 29,435.7% in the third quarter. International Assets Investment Management LLC now owns 3,190,156 shares of the exchange traded fund’s stock valued at $483,691,000 after acquiring an additional 3,179,355 shares during the period. The Manufacturers Life Insurance Company boosted its stake in iShares U.S. Technology ETF by 4,550.8% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 553,450 shares of the exchange traded fund’s stock worth $83,914,000 after purchasing an additional 541,550 shares during the period. Sanctuary Advisors LLC purchased a new position in iShares U.S. Technology ETF during the 2nd quarter worth $57,410,000. HighTower Advisors LLC increased its stake in iShares U.S. Technology ETF by 55.1% in the third quarter. HighTower Advisors LLC now owns 360,435 shares of the exchange traded fund’s stock valued at $54,626,000 after purchasing an additional 128,052 shares during the period. Finally, LPL Financial LLC increased its stake in iShares U.S. Technology ETF by 3.0% in the third quarter. LPL Financial LLC now owns 4,133,439 shares of the exchange traded fund’s stock valued at $626,712,000 after purchasing an additional 120,614 shares during the period.

iShares U.S. Technology ETF Stock Performance

Shares of IYW opened at $157.13 on Tuesday. iShares U.S. Technology ETF has a fifty-two week low of $124.32 and a fifty-two week high of $166.83. The firm has a 50-day simple moving average of $161.63 and a 200-day simple moving average of $153.69. The company has a market capitalization of $19.30 billion, a price-to-earnings 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).