iShares U.S. Technology ETF (NYSEARCA:IYW) Shares Acquired by WESPAC Advisors LLC

WESPAC Advisors LLC boosted its position in iShares U.S. Technology ETF (NYSEARCA:IYW) by 93.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 11,769 shares of the exchange traded fund’s stock after buying an additional 5,696 shares during the period. iShares U.S. Technology ETF makes up approximately 1.4% of WESPAC Advisors LLC’s investment portfolio, making the stock its 11th largest holding. WESPAC Advisors LLC’s holdings in iShares U.S. Technology ETF were worth $1,877,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Phillips Financial Management LLC boosted its stake in shares of iShares U.S. Technology ETF by 1,545.5% in the third quarter. Phillips Financial Management LLC now owns 181 shares of the exchange traded fund’s stock worth $27,000 after buying an additional 170 shares during the last quarter. Brooklyn Investment Group grew its stake in shares of iShares U.S. Technology ETF by 84.3% during the 4th quarter. Brooklyn Investment Group now owns 199 shares of the exchange traded fund’s stock worth $32,000 after purchasing an additional 91 shares during the period. Avion Wealth purchased a new position in shares of iShares U.S. Technology ETF during the 4th quarter valued at approximately $47,000. Activest Wealth Management acquired a new position in shares of iShares U.S. Technology ETF in the 3rd quarter valued at $52,000. Finally, Kestra Investment Management LLC purchased a new stake in iShares U.S. Technology ETF during the fourth quarter worth $53,000.

iShares U.S. Technology ETF Stock Performance

Shares of iShares U.S. Technology ETF stock opened at $161.55 on Friday. iShares U.S. Technology ETF has a fifty-two week low of $124.32 and a fifty-two week high of $167.30. The company has a market cap of $19.85 billion, a P/E ratio of 38.84 and a beta of 1.43. The firm has a 50-day simple moving average of $162.06 and a two-hundred day simple moving average of $155.82.

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).