TFB Advisors LLC Has $387,000 Stake in iShares U.S. Technology ETF (NYSEARCA:IYW)

TFB Advisors LLC increased its holdings in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 5.2% during the 4th quarter, Holdings Channel.com reports. The fund owned 2,429 shares of the exchange traded fund’s stock after acquiring an additional 119 shares during the period. TFB Advisors LLC’s holdings in iShares U.S. Technology ETF were worth $387,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Phillips Financial Management LLC lifted its holdings in shares of iShares U.S. Technology ETF by 1,545.5% during the third quarter. Phillips Financial Management LLC now owns 181 shares of the exchange traded fund’s stock valued at $27,000 after acquiring an additional 170 shares during the period. Brooklyn Investment Group grew its holdings in shares of iShares U.S. Technology ETF by 84.3% in the 4th quarter. Brooklyn Investment Group now owns 199 shares of the exchange traded fund’s stock worth $32,000 after purchasing an additional 91 shares during the last quarter. Activest Wealth Management acquired a new stake in shares of iShares U.S. Technology ETF during the 3rd quarter worth about $52,000. China Universal Asset Management Co. Ltd. lifted its holdings in iShares U.S. Technology ETF by 37,900.0% during the 4th quarter. China Universal Asset Management Co. Ltd. now owns 380 shares of the exchange traded fund’s stock valued at $61,000 after purchasing an additional 379 shares during the last quarter. Finally, Legacy Investment Solutions LLC acquired a new position in iShares U.S. Technology ETF in the third quarter valued at about $63,000.

iShares U.S. Technology ETF Trading Down 0.1 %

Shares of iShares U.S. Technology ETF stock opened at $162.44 on Thursday. The stock has a market capitalization of $19.96 billion, a price-to-earnings ratio of 38.84 and a beta of 1.43. The firm’s 50-day moving average price is $161.91 and its two-hundred day moving average price is $154.58. iShares U.S. Technology ETF has a 1-year low of $124.32 and a 1-year high of $166.83.

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).