Quadrant Private Wealth Management LLC Raises Stock Holdings in iShares U.S. Technology ETF (NYSEARCA:IYW)

Quadrant Private Wealth Management LLC increased its stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 19.5% in the fourth quarter, HoldingsChannel reports. The firm owned 21,048 shares of the exchange traded fund’s stock after buying an additional 3,433 shares during the quarter. Quadrant Private Wealth Management LLC’s holdings in iShares U.S. Technology ETF were worth $3,358,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. LPL Financial LLC boosted its position in iShares U.S. Technology ETF by 3.0% during the third quarter. LPL Financial LLC now owns 4,133,439 shares of the exchange traded fund’s stock worth $626,712,000 after acquiring an additional 120,614 shares during the last quarter. International Assets Investment Management LLC lifted its stake in shares of iShares U.S. Technology ETF by 29,435.7% during the 3rd quarter. International Assets Investment Management LLC now owns 3,190,156 shares of the exchange traded fund’s stock worth $483,691,000 after purchasing an additional 3,179,355 shares during the period. Park Avenue Securities LLC grew its position in shares of iShares U.S. Technology ETF by 2.0% in the fourth quarter. Park Avenue Securities LLC now owns 931,780 shares of the exchange traded fund’s stock valued at $148,638,000 after purchasing an additional 18,382 shares during the period. OneDigital Investment Advisors LLC increased its stake in iShares U.S. Technology ETF by 2.1% in the third quarter. OneDigital Investment Advisors LLC now owns 714,361 shares of the exchange traded fund’s stock valued at $108,311,000 after purchasing an additional 14,758 shares during the last quarter. Finally, Raymond James & Associates lifted its position in iShares U.S. Technology ETF by 1.6% during the third quarter. Raymond James & Associates now owns 631,178 shares of the exchange traded fund’s stock worth $95,699,000 after buying an additional 9,742 shares during the period.

iShares U.S. Technology ETF Price Performance

IYW opened at $165.87 on Friday. iShares U.S. Technology ETF has a 12 month low of $124.32 and a 12 month high of $166.83. The business has a 50-day moving average of $161.93 and a two-hundred day moving average of $154.80. The stock has a market capitalization of $20.38 billion, a price-to-earnings ratio of 38.84 and a beta of 1.43.

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).