iShares U.S. Technology ETF (NYSEARCA:IYW) Shares Acquired by Dynasty Wealth Management LLC

Dynasty Wealth Management LLC increased its holdings in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 54.8% during the fourth quarter, Holdings Channel.com reports. The fund owned 1,404,039 shares of the exchange traded fund’s stock after buying an additional 497,043 shares during the period. iShares U.S. Technology ETF comprises approximately 3.9% of Dynasty Wealth Management LLC’s holdings, making the stock its 9th biggest position. Dynasty Wealth Management LLC’s holdings in iShares U.S. Technology ETF were worth $223,972,000 as of its most recent filing with the Securities & Exchange Commission.

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

iShares U.S. Technology ETF Stock Down 3.6 %

NYSEARCA:IYW opened at $152.18 on Friday. The company has a market capitalization of $19.11 billion, a P/E ratio of 35.73 and a beta of 1.14. iShares U.S. Technology ETF has a 52 week low of $124.32 and a 52 week high of $167.30. The stock’s fifty day moving average is $161.56 and its two-hundred day moving average is $156.24.

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).