Ascentis Independent Advisors Buys 3,142 Shares of iShares U.S. Technology ETF $IYW

Ascentis Independent Advisors increased its stake in iShares U.S. Technology ETF (NYSEARCA:IYW) by 146.8% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 5,283 shares of the exchange traded fund’s stock after buying an additional 3,142 shares during the quarter. Ascentis Independent Advisors’ holdings in iShares U.S. Technology ETF were worth $959,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. CWA Asset Management Group LLC increased its holdings in iShares U.S. Technology ETF by 0.7% during the fourth quarter. CWA Asset Management Group LLC now owns 6,955 shares of the exchange traded fund’s stock worth $1,389,000 after buying an additional 50 shares during the last quarter. Lavaca Capital LLC lifted its stake in iShares U.S. Technology ETF by 1.0% in the fourth quarter. Lavaca Capital LLC now owns 6,059 shares of the exchange traded fund’s stock valued at $1,210,000 after acquiring an additional 59 shares during the last quarter. Tiller Private Wealth Inc. grew its position in shares of iShares U.S. Technology ETF by 3.2% in the 4th quarter. Tiller Private Wealth Inc. now owns 1,953 shares of the exchange traded fund’s stock valued at $390,000 after acquiring an additional 60 shares during the period. Center For Asset Management LLC grew its position in shares of iShares U.S. Technology ETF by 3.7% in the 4th quarter. Center For Asset Management LLC now owns 1,669 shares of the exchange traded fund’s stock valued at $333,000 after acquiring an additional 60 shares during the period. Finally, Quadrant Private Wealth Management LLC increased its stake in shares of iShares U.S. Technology ETF by 0.7% during the 4th quarter. Quadrant Private Wealth Management LLC now owns 8,531 shares of the exchange traded fund’s stock worth $1,703,000 after purchasing an additional 60 shares during the last quarter. 57.65% of the stock is owned by institutional investors.

iShares U.S. Technology ETF Stock Performance

iShares U.S. Technology ETF stock opened at $243.28 on Wednesday. The stock has a 50-day simple moving average of $242.23 and a 200 day simple moving average of $211.93. The stock has a market capitalization of $24.50 billion, a P/E ratio of 34.95 and a beta of 1.35. iShares U.S. Technology ETF has a 52 week low of $172.54 and a 52 week high of $261.01.

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). 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.