Kovitz Investment Group Partners LLC Acquires New Position in iShares U.S. Technology ETF (NYSEARCA:IYW)

Kovitz Investment Group Partners LLC acquired a new stake in iShares U.S. Technology ETF (NYSEARCA:IYW) during the 3rd quarter, Holdings Channel.com reports. The firm acquired 1,641 shares of the exchange traded fund’s stock, valued at approximately $249,000.

Several other large investors have also bought and sold shares of the business. Magnus Financial Group LLC raised its holdings in iShares U.S. Technology ETF by 0.6% in the third quarter. Magnus Financial Group LLC now owns 11,845 shares of the exchange traded fund’s stock worth $1,796,000 after purchasing an additional 67 shares during the period. Marino Stram & Associates LLC raised its holdings in iShares U.S. Technology ETF by 3.7% in the third quarter. Marino Stram & Associates LLC now owns 1,902 shares of the exchange traded fund’s stock worth $288,000 after purchasing an additional 67 shares during the period. Investment Advisory Group LLC raised its holdings in iShares U.S. Technology ETF by 1.0% in the third quarter. Investment Advisory Group LLC now owns 7,583 shares of the exchange traded fund’s stock worth $1,150,000 after purchasing an additional 73 shares during the period. Great Valley Advisor Group Inc. raised its holdings in iShares U.S. Technology ETF by 1.9% in the third quarter. Great Valley Advisor Group Inc. now owns 3,963 shares of the exchange traded fund’s stock worth $600,000 after purchasing an additional 73 shares during the period. Finally, Fort Washington Investment Advisors Inc. OH raised its holdings in iShares U.S. Technology ETF by 0.6% in the second quarter. Fort Washington Investment Advisors Inc. OH now owns 13,484 shares of the exchange traded fund’s stock worth $2,029,000 after purchasing an additional 74 shares during the period.

iShares U.S. Technology ETF Stock Performance

IYW opened at $164.29 on Friday. The firm’s fifty day moving average is $157.91 and its two-hundred day moving average is $150.93. The firm has a market cap of $20.18 billion, a PE ratio of 38.84 and a beta of 1.43. iShares U.S. Technology ETF has a twelve month low of $117.19 and a twelve month high of $166.03.

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).