Financial Perspectives Inc Buys 124 Shares of iShares U.S. Technology ETF (NYSEARCA:IYW)

Financial Perspectives Inc grew its holdings in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 1.0% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 12,004 shares of the exchange traded fund’s stock after buying an additional 124 shares during the period. Financial Perspectives Inc’s holdings in iShares U.S. Technology ETF were worth $1,915,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of IYW. Phillips Financial Management LLC boosted its holdings in shares of iShares U.S. Technology ETF by 1,545.5% during the 3rd quarter. Phillips Financial Management LLC now owns 181 shares of the exchange traded fund’s stock valued at $27,000 after buying an additional 170 shares in the last quarter. Brooklyn Investment Group raised its position in shares of iShares U.S. Technology ETF by 84.3% in the 4th quarter. Brooklyn Investment Group now owns 199 shares of the exchange traded fund’s stock worth $32,000 after purchasing an additional 91 shares during the last quarter. Avion Wealth purchased a new position in shares of iShares U.S. Technology ETF in the 4th quarter worth about $47,000. Activest Wealth Management purchased a new position in shares of iShares U.S. Technology ETF in the 3rd quarter worth about $52,000. Finally, Kestra Investment Management LLC purchased a new position in shares of iShares U.S. Technology ETF in the 4th quarter worth about $53,000.

iShares U.S. Technology ETF Price Performance

IYW opened at $166.79 on Wednesday. The stock has a 50-day moving average price of $162.05 and a 200-day moving average price of $155.33. The firm has a market cap of $20.49 billion, a PE ratio of 38.84 and a beta of 1.43. iShares U.S. Technology ETF has a 1 year low of $124.32 and a 1 year high of $167.13.

About iShares U.S. Technology ETF

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).