13,201 Shares in iShares U.S. Technology ETF (NYSEARCA:IYW) Acquired by Ibex Wealth Advisors

Ibex Wealth Advisors bought a new position in iShares U.S. Technology ETF (NYSEARCA:IYW) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 13,201 shares of the exchange traded fund’s stock, valued at approximately $2,106,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Phillips Financial Management LLC lifted its position in iShares U.S. Technology ETF by 1,545.5% in the third quarter. Phillips Financial Management LLC now owns 181 shares of the exchange traded fund’s stock worth $27,000 after purchasing an additional 170 shares during the period. Brooklyn Investment Group lifted its holdings in shares of iShares U.S. Technology ETF by 84.3% during the fourth quarter. Brooklyn Investment Group now owns 199 shares of the exchange traded fund’s stock valued at $32,000 after acquiring an additional 91 shares during the period. Activest Wealth Management bought a new position in shares of iShares U.S. Technology ETF during the third quarter valued at $52,000. Legacy Investment Solutions LLC bought a new position in shares of iShares U.S. Technology ETF during the third quarter valued at $63,000. Finally, PSI Advisors LLC lifted its holdings in shares of iShares U.S. Technology ETF by 36.2% during the fourth quarter. PSI Advisors LLC now owns 463 shares of the exchange traded fund’s stock valued at $74,000 after acquiring an additional 123 shares during the period.

iShares U.S. Technology ETF Stock Performance

Shares of NYSEARCA IYW traded down $2.03 during midday trading on Wednesday, reaching $159.83. 53,870 shares of the company traded hands, compared to its average volume of 830,475. The firm has a market cap of $19.64 billion, a PE ratio of 38.84 and a beta of 1.43. The stock’s 50-day simple moving average is $161.70 and its 200-day simple moving average is $153.73. iShares U.S. Technology ETF has a 12 month low of $124.32 and a 12 month high of $166.83.

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).