Latitude Advisors LLC Raises Stock Holdings in iShares U.S. Technology ETF (NYSEARCA:IYW)

Latitude Advisors LLC boosted its position in iShares U.S. Technology ETF (NYSEARCA:IYW) by 130.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 7,035 shares of the exchange traded fund’s stock after purchasing an additional 3,980 shares during the quarter. Latitude Advisors LLC’s holdings in iShares U.S. Technology ETF were worth $1,122,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Phillips Financial Management LLC lifted its position in 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 acquiring an additional 170 shares during the period. Brooklyn Investment Group increased its stake in shares of iShares U.S. Technology ETF by 84.3% during the fourth 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 in the last quarter. Activest Wealth Management purchased a new position in shares of iShares U.S. Technology ETF during the third quarter valued at approximately $52,000. China Universal Asset Management Co. Ltd. boosted its position in shares of iShares U.S. Technology ETF by 37,900.0% in the 4th quarter. China Universal Asset Management Co. Ltd. now owns 380 shares of the exchange traded fund’s stock worth $61,000 after purchasing an additional 379 shares in the last quarter. Finally, Legacy Investment Solutions LLC purchased a new stake in shares of iShares U.S. Technology ETF in the 3rd quarter worth approximately $63,000.

iShares U.S. Technology ETF Stock Up 1.4 %

IYW stock opened at $162.66 on Tuesday. The business has a 50 day moving average of $161.96 and a 200 day moving average of $154.40. The firm has a market cap of $19.98 billion, a PE ratio of 38.84 and a beta of 1.43. iShares U.S. Technology ETF has a twelve month low of $124.32 and a twelve month high of $166.83.

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).