Vantage Point Financial LLC Invests $785,000 in iShares U.S. Technology ETF (NYSEARCA:IYW)

Vantage Point Financial LLC bought a new stake in iShares U.S. Technology ETF (NYSEARCA:IYW) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 4,920 shares of the exchange traded fund’s stock, valued at approximately $785,000.

A number of other hedge funds have also recently added to or reduced their stakes in IYW. Magnus Financial Group LLC grew its position in shares of iShares U.S. Technology ETF by 0.6% during the third quarter. Magnus Financial Group LLC now owns 11,845 shares of the exchange traded fund’s stock worth $1,796,000 after acquiring an additional 67 shares during the last quarter. Marino Stram & Associates LLC increased its stake 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 valued at $288,000 after purchasing an additional 67 shares during the period. Investment Advisory Group LLC increased its stake 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 valued at $1,150,000 after purchasing an additional 73 shares during the period. Great Valley Advisor Group Inc. boosted its stake in shares of iShares U.S. Technology ETF by 1.9% during the third quarter. Great Valley Advisor Group Inc. now owns 3,963 shares of the exchange traded fund’s stock worth $600,000 after buying an additional 73 shares during the period. Finally, XML Financial LLC grew its holdings in shares of iShares U.S. Technology ETF by 1.7% during the fourth quarter. XML Financial LLC now owns 4,396 shares of the exchange traded fund’s stock worth $701,000 after buying an additional 73 shares during the last quarter.

iShares U.S. Technology ETF Stock Down 1.3 %

Shares of IYW stock opened at $157.56 on Tuesday. The stock’s 50-day moving average price is $161.76 and its 200 day moving average price is $153.91. The stock has a market capitalization of $19.36 billion, a PE ratio of 38.84 and a beta of 1.43. iShares U.S. Technology ETF has a 52-week low of $124.32 and a 52-week high of $166.83.

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).