LVW Advisors LLC Has $2.05 Million Stock Position in iShares U.S. Technology ETF (NYSEARCA:IYW)

by · The Cerbat Gem

LVW Advisors LLC lessened its position in iShares U.S. Technology ETF (NYSEARCA:IYW – Free Report) by 4.1% in the third quarter, HoldingsChannel reports. The fund owned 13,539 shares of the exchange traded fund’s stock after selling 573 shares during the quarter. LVW Advisors LLC’s holdings in iShares U.S. Technology ETF were worth $2,053,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. FIL Ltd raised its holdings in iShares U.S. Technology ETF by 33.2% during the fourth quarter. FIL Ltd now owns 1,456,287 shares of the exchange traded fund’s stock worth $178,759,000 after buying an additional 363,201 shares during the last quarter. Novak & Powell Financial Services Inc. bought a new stake in iShares U.S. Technology ETF during the 4th quarter worth approximately $216,000. Raleigh Capital Management Inc. raised its stake in shares of iShares U.S. Technology ETF by 18.6% in the fourth quarter. Raleigh Capital Management Inc. now owns 7,197 shares of the exchange traded fund’s stock worth $883,000 after purchasing an additional 1,127 shares during the last quarter. Sierra Summit Advisors LLC purchased a new position in shares of iShares U.S. Technology ETF during the fourth quarter valued at approximately $591,000. Finally, Beacon Financial Group bought a new stake in iShares U.S. Technology ETF during the fourth quarter worth $2,414,000.

iShares U.S. Technology ETF Stock Up 0.2 %

NYSEARCA:IYW traded up $0.33 during trading hours on Friday, hitting $154.95. 64,175 shares of the company traded hands, compared to its average volume of 873,856. iShares U.S. Technology ETF has a one year low of $100.84 and a one year high of $158.97. The company has a market cap of $19.04 billion, a PE ratio of 38.84 and a beta of 1.43. The firm’s 50-day simple moving average is $146.06 and its 200-day simple moving average is $143.08.

iShares U.S. Technology ETF Company Profile

(Free Report)

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).

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