Nwam LLC Increases Stake in iShares U.S. Technology ETF (NYSEARCA:IYW)

Nwam LLC raised its stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 4.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 20,616 shares of the exchange traded fund’s stock after buying an additional 896 shares during the quarter. Nwam LLC’s holdings in iShares U.S. Technology ETF were worth $3,289,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also added to or reduced their stakes in the company. FMR LLC grew its holdings in iShares U.S. Technology ETF by 11.0% during the 3rd quarter. FMR LLC now owns 62,648 shares of the exchange traded fund’s stock valued at $9,499,000 after buying an additional 6,225 shares in the last quarter. Natixis Advisors LLC grew its holdings in iShares U.S. Technology ETF by 28.1% during the 3rd quarter. Natixis Advisors LLC now owns 16,136 shares of the exchange traded fund’s stock valued at $2,447,000 after buying an additional 3,539 shares in the last quarter. Great Valley Advisor Group Inc. grew its holdings in iShares U.S. Technology ETF by 1.9% during the 3rd quarter. Great Valley Advisor Group Inc. now owns 3,963 shares of the exchange traded fund’s stock valued at $600,000 after buying an additional 73 shares in the last quarter. Brown Brothers Harriman & Co. grew its holdings in iShares U.S. Technology ETF by 81.7% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 545 shares of the exchange traded fund’s stock valued at $83,000 after buying an additional 245 shares in the last quarter. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors boosted its position in shares of iShares U.S. Technology ETF by 21.4% during the 3rd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 1,875 shares of the exchange traded fund’s stock valued at $284,000 after acquiring an additional 330 shares during the last quarter.

iShares U.S. Technology ETF Stock Performance

NYSEARCA IYW opened at $157.93 on Thursday. The company has a market capitalization of $19.84 billion, a P/E ratio of 35.73 and a beta of 1.14. iShares U.S. Technology ETF has a one year low of $124.32 and a one year high of $167.30. The stock has a 50 day moving average price of $161.71 and a 200-day moving average price of $156.27.

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).