iShares U.S. Technology ETF (NYSEARCA:IYW) Shares Purchased by Center for Financial Planning Inc.

Center for Financial Planning Inc. boosted its holdings in iShares U.S. Technology ETF (NYSEARCA:IYW) by 24.1% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 2,606 shares of the exchange traded fund’s stock after buying an additional 506 shares during the quarter. Center for Financial Planning Inc.’s holdings in iShares U.S. Technology ETF were worth $416,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. PUREfi Wealth LLC acquired a new position in iShares U.S. Technology ETF in the 4th quarter worth approximately $391,000. Quadrant Private Wealth Management LLC boosted its stake in iShares U.S. Technology ETF by 19.5% in the 4th quarter. Quadrant Private Wealth Management LLC now owns 21,048 shares of the exchange traded fund’s stock worth $3,358,000 after purchasing an additional 3,433 shares during the period. Avion Wealth acquired a new position in iShares U.S. Technology ETF in the 4th quarter worth approximately $47,000. Gladstone Institutional Advisory LLC boosted its stake in iShares U.S. Technology ETF by 14.4% in the 4th quarter. Gladstone Institutional Advisory LLC now owns 8,074 shares of the exchange traded fund’s stock worth $1,288,000 after purchasing an additional 1,016 shares during the period. Finally, TFB Advisors LLC boosted its stake in iShares U.S. Technology ETF by 5.2% in the 4th quarter. TFB Advisors LLC now owns 2,429 shares of the exchange traded fund’s stock worth $387,000 after purchasing an additional 119 shares during the period.

iShares U.S. Technology ETF Stock Performance

iShares U.S. Technology ETF stock opened at $165.87 on Friday. The company has a 50 day moving average price of $161.93 and a 200 day moving average price of $154.80. iShares U.S. Technology ETF has a 52 week low of $124.32 and a 52 week high of $166.83. The firm has a market capitalization of $20.38 billion, a price-to-earnings ratio of 38.84 and a beta of 1.43.

iShares U.S. Technology ETF 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).