Golden State Wealth Management LLC Takes $666,000 Position in iShares U.S. Technology ETF (NYSEARCA:IYW)

Golden State Wealth Management LLC bought a new position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) during the fourth quarter, Holdings Channel.com reports. The fund bought 4,172 shares of the exchange traded fund’s stock, valued at approximately $666,000.

Several other hedge funds have also recently added to or reduced their stakes in the company. Magnus Financial Group LLC raised its holdings in shares of iShares U.S. Technology ETF by 0.6% in the 3rd quarter. Magnus Financial Group LLC now owns 11,845 shares of the exchange traded fund’s stock valued at $1,796,000 after purchasing an additional 67 shares in the last quarter. Marino Stram & Associates LLC increased its holdings in iShares U.S. Technology ETF by 3.7% in the third quarter. Marino Stram & Associates LLC now owns 1,902 shares of the exchange traded fund’s stock valued at $288,000 after buying an additional 67 shares during the last quarter. Investment Advisory Group LLC raised its stake in iShares U.S. Technology ETF by 1.0% in the third quarter. Investment Advisory Group LLC now owns 7,583 shares of the exchange traded fund’s stock valued at $1,150,000 after buying an additional 73 shares in the last quarter. Great Valley Advisor Group Inc. lifted its holdings in iShares U.S. Technology ETF by 1.9% during the 3rd quarter. Great Valley Advisor Group Inc. now owns 3,963 shares of the exchange traded fund’s stock worth $600,000 after buying an additional 73 shares during the last quarter. Finally, XML Financial LLC boosted its position in shares of iShares U.S. Technology ETF by 1.7% during the 4th quarter. XML Financial LLC now owns 4,396 shares of the exchange traded fund’s stock worth $701,000 after acquiring an additional 73 shares in the last quarter.

iShares U.S. Technology ETF Stock Performance

IYW opened at $160.40 on Friday. iShares U.S. Technology ETF has a one year low of $124.32 and a one year high of $166.83. The company has a market cap of $19.71 billion, a P/E ratio of 38.84 and a beta of 1.43. The business’s 50-day simple moving average is $161.93 and its 200-day simple moving average is $154.16.

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).