Guidance Point Advisors LLC Acquires 439 Shares of iShares U.S. Technology ETF (NYSEARCA:IYW)

Guidance Point Advisors LLC increased its stake in iShares U.S. Technology ETF (NYSEARCA:IYW) by 30.2% during the fourth quarter, Holdings Channel.com reports. The firm owned 1,892 shares of the exchange traded fund’s stock after purchasing an additional 439 shares during the quarter. Guidance Point Advisors LLC’s holdings in iShares U.S. Technology ETF were worth $302,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in IYW. Brooklyn Investment Group boosted its position in shares of iShares U.S. Technology ETF by 84.3% in the fourth 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 period. Headlands Technologies LLC purchased a new position in shares of iShares U.S. Technology ETF during the 4th quarter valued at $40,000. SRS Capital Advisors Inc. boosted its holdings in iShares U.S. Technology ETF by 43.7% in the 4th quarter. SRS Capital Advisors Inc. now owns 296 shares of the exchange traded fund’s stock worth $47,000 after buying an additional 90 shares during the period. Avion Wealth purchased a new stake in iShares U.S. Technology ETF in the 4th quarter worth $47,000. Finally, Atala Financial Inc bought a new stake in iShares U.S. Technology ETF during the fourth quarter valued at about $52,000.

iShares U.S. Technology ETF Stock Up 0.7 %

NYSEARCA IYW opened at $142.86 on Thursday. iShares U.S. Technology ETF has a twelve month low of $124.32 and a twelve month high of $167.30. The business has a 50-day moving average price of $154.16 and a 200-day moving average price of $156.43. The firm has a market cap of $17.81 billion, a price-to-earnings ratio of 31.74 and a beta of 1.22.

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).