Investor s Fiduciary Advisor Network LLC Purchases New Position in iShares U.S. Technology ETF (NYSEARCA:IYW)

Investor s Fiduciary Advisor Network LLC acquired a new stake in iShares U.S. Technology ETF (NYSEARCA:IYW) in the fourth quarter, according to its most recent filing with the SEC. The fund acquired 5,455 shares of the exchange traded fund’s stock, valued at approximately $870,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Barclays PLC boosted its stake in iShares U.S. Technology ETF by 192.7% in the 3rd quarter. Barclays PLC now owns 15,437 shares of the exchange traded fund’s stock worth $2,340,000 after purchasing an additional 10,163 shares during the period. EWG Elevate Inc. boosted its position in shares of iShares U.S. Technology ETF by 24.9% in the fourth quarter. EWG Elevate Inc. now owns 10,690 shares of the exchange traded fund’s stock valued at $1,705,000 after acquiring an additional 2,133 shares during the period. Cadent Capital Advisors LLC grew its stake in iShares U.S. Technology ETF by 0.6% during the fourth quarter. Cadent Capital Advisors LLC now owns 52,628 shares of the exchange traded fund’s stock valued at $8,395,000 after acquiring an additional 298 shares in the last quarter. Cooper Financial Group increased its holdings in iShares U.S. Technology ETF by 9.0% during the 4th quarter. Cooper Financial Group now owns 8,152 shares of the exchange traded fund’s stock worth $1,300,000 after acquiring an additional 673 shares during the period. Finally, Accelerate Investment Advisors LLC lifted its stake in iShares U.S. Technology ETF by 18.5% in the 4th quarter. Accelerate Investment Advisors LLC now owns 3,643 shares of the exchange traded fund’s stock worth $581,000 after purchasing an additional 570 shares in the last quarter.

iShares U.S. Technology ETF Price Performance

IYW opened at $148.32 on Friday. The firm has a market capitalization of $18.58 billion, a P/E ratio of 31.02 and a beta of 1.22. iShares U.S. Technology ETF has a one year low of $117.55 and a one year high of $167.30. The company has a fifty day moving average price of $140.58 and a 200-day moving average price of $153.46.

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).