Tennessee Valley Asset Management Partners Grows Stock Position in iShares U.S. Technology ETF (NYSEARCA:IYW)

Tennessee Valley Asset Management Partners boosted its stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 5.0% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 6,110 shares of the exchange traded fund’s stock after buying an additional 290 shares during the period. Tennessee Valley Asset Management Partners’ holdings in iShares U.S. Technology ETF were worth $750,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Barclays PLC purchased a new stake in iShares U.S. Technology ETF during the 1st quarter valued at $25,000. Authentikos Wealth Advisory LLC purchased a new stake in iShares U.S. Technology ETF in the third quarter worth $33,000. Sheets Smith Wealth Management purchased a new stake in iShares U.S. Technology ETF in the third quarter worth $35,000. Coppell Advisory Solutions LLC purchased a new stake in iShares U.S. Technology ETF in the second quarter worth $39,000. Finally, LWM Advisory Services LLC purchased a new stake in iShares U.S. Technology ETF in the third quarter worth $40,000.

iShares U.S. Technology ETF Stock Down 2.9 %

IYW stock opened at $124.75 on Monday. The business’s fifty day simple moving average is $133.22 and its two-hundred day simple moving average is $123.25. iShares U.S. Technology ETF has a twelve month low of $88.64 and a twelve month high of $137.54. The firm has a market cap of $15.22 billion, a price-to-earnings ratio of 40.59 and a beta of 1.39.

iShares U.S. Technology ETF Company 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).