ShoreHaven Wealth Partners LLC Takes $1.79 Million Position in iShares U.S. Technology ETF $IYW

ShoreHaven Wealth Partners LLC purchased a new stake in iShares U.S. Technology ETF (NYSEARCA:IYW) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 8,985 shares of the exchange traded fund’s stock, valued at approximately $1,794,000.

A number of other hedge funds also recently made changes to their positions in IYW. Principal Financial Group Inc. lifted its position in shares of iShares U.S. Technology ETF by 99.1% in the 3rd quarter. Principal Financial Group Inc. now owns 107,427 shares of the exchange traded fund’s stock worth $21,041,000 after purchasing an additional 53,466 shares during the period. Compound Planning Inc. lifted its position in shares of iShares U.S. Technology ETF by 10.7% in the 3rd quarter. Compound Planning Inc. now owns 135,021 shares of the exchange traded fund’s stock worth $26,445,000 after purchasing an additional 13,045 shares during the period. Clear Creek Financial Management LLC lifted its position in shares of iShares U.S. Technology ETF by 32.2% in the 3rd quarter. Clear Creek Financial Management LLC now owns 11,842 shares of the exchange traded fund’s stock worth $2,319,000 after purchasing an additional 2,882 shares during the period. Bartlett & CO. Wealth Management LLC lifted its position in shares of iShares U.S. Technology ETF by 20.6% in the 4th quarter. Bartlett & CO. Wealth Management LLC now owns 42,286 shares of the exchange traded fund’s stock worth $8,444,000 after purchasing an additional 7,217 shares during the period. Finally, ASL Financial LLC acquired a new position in shares of iShares U.S. Technology ETF in the 4th quarter worth approximately $718,000. 57.65% of the stock is currently owned by institutional investors and hedge funds.

iShares U.S. Technology ETF Trading Down 0.9%

Shares of IYW stock opened at $257.56 on Thursday. The firm has a market capitalization of $25.33 billion, a PE ratio of 34.95 and a beta of 1.33. The firm has a fifty day simple moving average of $217.55 and a two-hundred day simple moving average of $203.79. iShares U.S. Technology ETF has a 12 month low of $161.13 and a 12 month high of $261.01.

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). The Index measures the performance of the technology sector of the United States equity market, and includes companies in the industry groups, such as software and computer services and technology hardware and equipment.