Lantern Wealth Advisors LLC Makes New $523,000 Investment in iShares U.S. Technology ETF (NYSEARCA:IYW)

Lantern Wealth Advisors LLC acquired a new stake in iShares U.S. Technology ETF (NYSEARCA:IYW) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 3,279 shares of the exchange traded fund’s stock, valued at approximately $523,000.

Other hedge funds have also modified their holdings of the company. Brooklyn Investment Group raised its stake 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 valued at $32,000 after purchasing an additional 91 shares during the period. Headlands Technologies LLC bought a new stake in iShares U.S. Technology ETF in the 4th quarter valued at approximately $40,000. SRS Capital Advisors Inc. boosted its position in iShares U.S. Technology ETF by 43.7% during the 4th quarter. SRS Capital Advisors Inc. now owns 296 shares of the exchange traded fund’s stock worth $47,000 after acquiring an additional 90 shares during the last quarter. Avion Wealth acquired a new stake in shares of iShares U.S. Technology ETF in the fourth quarter valued at approximately $47,000. Finally, Atala Financial Inc acquired a new stake in shares of iShares U.S. Technology ETF in the fourth quarter valued at approximately $52,000.

iShares U.S. Technology ETF Trading Down 0.1%

Shares of IYW opened at $159.86 on Tuesday. The stock has a market capitalization of $20.15 billion, a price-to-earnings ratio of 33.25 and a beta of 1.23. iShares U.S. Technology ETF has a 12 month low of $117.55 and a 12 month high of $167.30. The firm has a fifty day simple moving average of $142.09 and a 200 day simple moving average of $153.64.

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).