Guidance Point Advisors LLC Purchases New Position in iShares U.S. Technology ETF (NYSEARCA:IYW)

Guidance Point Advisors LLC purchased a new stake in iShares U.S. Technology ETF (NYSEARCA:IYW) in the 3rd quarter, according to its most recent filing with the SEC. The institutional investor purchased 1,453 shares of the exchange traded fund’s stock, valued at approximately $220,000.

Several other large investors have also recently added to or reduced their stakes in the stock. Avidian Wealth Enterprises LLC increased its holdings in iShares U.S. Technology ETF by 1.7% in the 3rd quarter. Avidian Wealth Enterprises LLC now owns 28,579 shares of the exchange traded fund’s stock valued at $4,333,000 after purchasing an additional 480 shares in the last quarter. World Equity Group Inc. boosted its position in iShares U.S. Technology ETF by 183.0% in the 3rd quarter. World Equity Group Inc. now owns 6,804 shares of the exchange traded fund’s stock valued at $1,032,000 after buying an additional 4,400 shares during the last quarter. QRG Capital Management Inc. boosted its position in iShares U.S. Technology ETF by 53.0% in the 3rd quarter. QRG Capital Management Inc. now owns 3,826 shares of the exchange traded fund’s stock valued at $580,000 after buying an additional 1,326 shares during the last quarter. Silicon Valley Capital Partners purchased a new position in iShares U.S. Technology ETF in the 3rd quarter valued at about $334,000. Finally, Wetzel Investment Advisors Inc. boosted its position in iShares U.S. Technology ETF by 3.3% in the 3rd quarter. Wetzel Investment Advisors Inc. now owns 4,365 shares of the exchange traded fund’s stock valued at $662,000 after buying an additional 140 shares during the last quarter.

iShares U.S. Technology ETF Price Performance

NYSEARCA:IYW opened at $153.64 on Wednesday. The firm has a 50-day moving average of $150.08 and a two-hundred day moving average of $145.92. The stock has a market cap of $18.87 billion, a P/E ratio of 38.84 and a beta of 1.43. iShares U.S. Technology ETF has a 1-year low of $108.24 and a 1-year high of $158.97.

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).