Tyche Wealth Partners LLC Purchases New Position in iShares U.S. Technology ETF (NYSEARCA:IYW)

Tyche Wealth Partners LLC bought a new position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 2,143 shares of the exchange traded fund’s stock, valued at approximately $342,000.

Several other hedge funds have also recently modified their holdings of IYW. AQR Capital Management LLC purchased a new position in shares of iShares U.S. Technology ETF during the 2nd quarter valued at $342,000. The Manufacturers Life Insurance Company bought a new position in shares of iShares U.S. Technology ETF during the second quarter valued at about $1,791,000. GAMMA Investing LLC raised its stake in shares of iShares U.S. Technology ETF by 23.9% during the third quarter. GAMMA Investing LLC now owns 1,919 shares of the exchange traded fund’s stock valued at $291,000 after acquiring an additional 370 shares during the last quarter. Dynamic Advisor Solutions LLC raised its stake in shares of iShares U.S. Technology ETF by 1.5% during the third quarter. Dynamic Advisor Solutions LLC now owns 17,715 shares of the exchange traded fund’s stock valued at $2,686,000 after acquiring an additional 266 shares during the last quarter. Finally, Clarus Wealth Advisors raised its stake in shares of iShares U.S. Technology ETF by 1.9% during the third quarter. Clarus Wealth Advisors now owns 10,745 shares of the exchange traded fund’s stock valued at $1,616,000 after acquiring an additional 197 shares during the last quarter.

iShares U.S. Technology ETF Stock Performance

Shares of IYW opened at $161.94 on Friday. The stock has a market cap of $19.89 billion, a PE 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 $166.83. The firm’s 50-day simple moving average is $161.91 and its two-hundred day simple moving average is $154.10.

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).