W Advisors LLC Has $2.38 Million Position in iShares U.S. Technology ETF (NYSEARCA:IYW)

W Advisors LLC increased its holdings in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 6.2% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 15,684 shares of the exchange traded fund’s stock after purchasing an additional 916 shares during the quarter. iShares U.S. Technology ETF makes up about 1.5% of W Advisors LLC’s investment portfolio, making the stock its 17th biggest holding. W Advisors LLC’s holdings in iShares U.S. Technology ETF were worth $2,378,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in IYW. Principal Securities Inc. grew its holdings in shares of iShares U.S. Technology ETF by 14.3% in the 3rd quarter. Principal Securities Inc. now owns 46,973 shares of the exchange traded fund’s stock valued at $7,122,000 after acquiring an additional 5,868 shares in the last quarter. Stephens Inc. AR raised its stake in shares of iShares U.S. Technology ETF by 1.6% during the 3rd quarter. Stephens Inc. AR now owns 25,870 shares of the exchange traded fund’s stock worth $3,922,000 after purchasing an additional 412 shares in the last quarter. Forte Asset Management LLC boosted its holdings in shares of iShares U.S. Technology ETF by 9.9% in the 3rd quarter. Forte Asset Management LLC now owns 31,500 shares of the exchange traded fund’s stock valued at $4,776,000 after buying an additional 2,849 shares during the last quarter. HM Payson & Co. boosted its holdings in shares of iShares U.S. Technology ETF by 9.3% in the 3rd quarter. HM Payson & Co. now owns 2,504 shares of the exchange traded fund’s stock valued at $380,000 after buying an additional 214 shares during the last quarter. Finally, Tilson Financial Group Inc. acquired a new position in iShares U.S. Technology ETF during the third quarter worth $351,000.

iShares U.S. Technology ETF Stock Up 1.2 %

Shares of IYW stock traded up $1.78 on Friday, reaching $152.47. The stock had a trading volume of 189,037 shares, compared to its average volume of 852,529. The firm’s 50-day moving average is $149.80 and its two-hundred day moving average is $145.17. The firm has a market capitalization of $18.73 billion, a price-to-earnings ratio of 38.84 and a beta of 1.43. iShares U.S. Technology ETF has a 12 month low of $106.49 and a 12 month high of $158.97.

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).