iShares U.S. Technology ETF $IYW Shares Purchased by World Investment Advisors

World Investment Advisors grew its stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 84.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 14,127 shares of the exchange traded fund’s stock after acquiring an additional 6,461 shares during the quarter. World Investment Advisors’ holdings in iShares U.S. Technology ETF were worth $2,821,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Triumph Capital Management acquired a new position in shares of iShares U.S. Technology ETF during the third quarter valued at about $28,000. Hantz Financial Services Inc. acquired a new position in shares of iShares U.S. Technology ETF during the third quarter valued at about $31,000. Collier Financial acquired a new position in shares of iShares U.S. Technology ETF during the third quarter valued at about $37,000. Beacon Financial Strategies CORP acquired a new position in shares of iShares U.S. Technology ETF during the fourth quarter valued at about $41,000. Finally, Flagship Harbor Advisors LLC acquired a new position in shares of iShares U.S. Technology ETF during the fourth quarter valued at about $44,000. Institutional investors and hedge funds own 57.65% of the company’s stock.

iShares U.S. Technology ETF Stock Down 1.8%

IYW opened at $238.80 on Friday. iShares U.S. Technology ETF has a 52-week low of $154.02 and a 52-week high of $243.69. The company has a market cap of $23.49 billion, a P/E ratio of 34.95 and a beta of 1.33. The firm’s 50-day moving average price is $202.68 and its 200-day moving average price is $200.01.

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). The Index measures the performance of the technology sector of the United States equity market, and includes companies in the industry groups, such as software and computer services and technology hardware and equipment.