World Equity Group Inc. Buys 2,040 Shares of iShares U.S. Technology ETF (NYSEARCA:IYW)

World Equity Group Inc. increased its stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 30.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 8,844 shares of the exchange traded fund’s stock after acquiring an additional 2,040 shares during the quarter. World Equity Group Inc.’s holdings in iShares U.S. Technology ETF were worth $1,411,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of IYW. The Manufacturers Life Insurance Company grew its position in shares of iShares U.S. Technology ETF by 4,550.8% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 553,450 shares of the exchange traded fund’s stock worth $83,914,000 after buying an additional 541,550 shares during the last quarter. Atlas Legacy Advisors LLC bought a new stake in shares of iShares U.S. Technology ETF in the 4th quarter worth approximately $38,293,000. HighTower Advisors LLC grew its position in shares of iShares U.S. Technology ETF by 55.1% in the 3rd quarter. HighTower Advisors LLC now owns 360,435 shares of the exchange traded fund’s stock worth $54,626,000 after buying an additional 128,052 shares during the last quarter. LPL Financial LLC grew its position in shares of iShares U.S. Technology ETF by 3.0% in the 3rd quarter. LPL Financial LLC now owns 4,133,439 shares of the exchange traded fund’s stock worth $626,712,000 after buying an additional 120,614 shares during the last quarter. Finally, Strategic Financial Concepts LLC bought a new stake in shares of iShares U.S. Technology ETF in the 4th quarter worth approximately $15,272,000.

iShares U.S. Technology ETF Stock Performance

Shares of IYW stock opened at $161.55 on Friday. The firm has a market cap of $19.85 billion, a P/E ratio of 38.84 and a beta of 1.43. iShares U.S. Technology ETF has a fifty-two week low of $124.32 and a fifty-two week high of $167.30. The business’s 50 day moving average price is $162.06 and its 200-day moving average price is $155.82.

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).