iShares U.S. Technology ETF (NYSEARCA:IYW) Shares Purchased by Avidian Wealth Solutions LLC

Avidian Wealth Solutions LLC raised its holdings in iShares U.S. Technology ETF (NYSEARCA:IYW) by 25.2% in the fourth quarter, Holdings Channel.com reports. The fund owned 19,091 shares of the exchange traded fund’s stock after buying an additional 3,844 shares during the quarter. Avidian Wealth Solutions LLC’s holdings in iShares U.S. Technology ETF were worth $2,343,000 at the end of the most recent reporting period.

Several other institutional investors also recently made changes to their positions in the stock. W Advisors LLC increased its holdings in shares of iShares U.S. Technology ETF by 44.2% in the 4th quarter. W Advisors LLC now owns 14,237 shares of the exchange traded fund’s stock valued at $1,748,000 after purchasing an additional 4,366 shares in the last quarter. U.S. Capital Wealth Advisors LLC grew its position in iShares U.S. Technology ETF by 291.3% during the fourth quarter. U.S. Capital Wealth Advisors LLC now owns 38,992 shares of the exchange traded fund’s stock worth $4,786,000 after buying an additional 29,026 shares during the period. Merit Financial Group LLC increased its holdings in iShares U.S. Technology ETF by 7.4% in the fourth quarter. Merit Financial Group LLC now owns 61,611 shares of the exchange traded fund’s stock valued at $7,563,000 after buying an additional 4,261 shares in the last quarter. 9258 Wealth Management LLC purchased a new position in iShares U.S. Technology ETF in the fourth quarter valued at about $202,000. Finally, Benjamin F. Edwards & Company Inc. lifted its position in shares of iShares U.S. Technology ETF by 56.9% during the 4th quarter. Benjamin F. Edwards & Company Inc. now owns 18,684 shares of the exchange traded fund’s stock valued at $2,293,000 after acquiring an additional 6,779 shares during the period.

iShares U.S. Technology ETF Stock Up 2.4 %

Shares of IYW traded up $3.16 on Friday, reaching $132.17. The stock had a trading volume of 1,312,736 shares, compared to its average volume of 897,433. iShares U.S. Technology ETF has a twelve month low of $90.76 and a twelve month high of $137.54. The firm has a market capitalization of $16.24 billion, a PE ratio of 38.84 and a beta of 1.43. The firm has a 50-day moving average of $132.72 and a 200 day moving average of $124.47.

About iShares U.S. Technology ETF

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).