Redwood Investment Management LLC Has $1.21 Million Position in iShares U.S. Technology ETF (NYSEARCA:IYW)

Redwood Investment Management LLC increased its position in iShares U.S. Technology ETF (NYSEARCA:IYW) by 3.0% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 7,608 shares of the exchange traded fund’s stock after buying an additional 224 shares during the period. Redwood Investment Management LLC’s holdings in iShares U.S. Technology ETF were worth $1,214,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Brooklyn Investment Group grew its holdings in 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 during the last quarter. Perennial Investment Advisors LLC grew its holdings in iShares U.S. Technology ETF by 44.1% during the fourth quarter. Perennial Investment Advisors LLC now owns 111,366 shares of the exchange traded fund’s stock valued at $17,775,000 after purchasing an additional 34,083 shares during the last quarter. Barclays PLC grew its holdings in iShares U.S. Technology ETF by 192.7% during the third quarter. Barclays PLC now owns 15,437 shares of the exchange traded fund’s stock valued at $2,340,000 after purchasing an additional 10,163 shares during the last quarter. Antonelli Financial Advisors LLC acquired a new position in iShares U.S. Technology ETF during the fourth quarter valued at approximately $485,000. Finally, Ameritas Advisory Services LLC grew its holdings in iShares U.S. Technology ETF by 24.2% during the fourth quarter. Ameritas Advisory Services LLC now owns 31,342 shares of the exchange traded fund’s stock valued at $5,000,000 after purchasing an additional 6,112 shares during the last quarter.

iShares U.S. Technology ETF Stock Up 0.2%

Shares of IYW stock opened at $160.06 on Friday. iShares U.S. Technology ETF has a 12 month low of $117.55 and a 12 month high of $167.30. The business’s 50 day moving average is $141.79 and its two-hundred day moving average is $153.58. The company has a market cap of $20.18 billion, a PE ratio of 33.25 and a beta of 1.23.

iShares U.S. Technology ETF 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).