Biondo Investment Advisors LLC Purchases 590 Shares of iShares U.S. Technology ETF (NYSEARCA:IYW)

Biondo Investment Advisors LLC lifted its position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 17.3% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 4,000 shares of the exchange traded fund’s stock after acquiring an additional 590 shares during the quarter. Biondo Investment Advisors LLC’s holdings in iShares U.S. Technology ETF were worth $638,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Howard Capital Management Group LLC raised its position in shares of iShares U.S. Technology ETF by 1.1% in the third quarter. Howard Capital Management Group LLC now owns 208,920 shares of the exchange traded fund’s stock valued at $31,677,000 after purchasing an additional 2,312 shares during the period. Citigroup Inc. grew its stake in iShares U.S. Technology ETF by 84.1% in the 3rd quarter. Citigroup Inc. now owns 49,610 shares of the exchange traded fund’s stock valued at $7,522,000 after buying an additional 22,667 shares in the last quarter. Cerity Partners LLC raised its holdings in iShares U.S. Technology ETF by 35.3% during the 3rd quarter. Cerity Partners LLC now owns 31,642 shares of the exchange traded fund’s stock valued at $4,797,000 after acquiring an additional 8,262 shares during the period. Brown Brothers Harriman & Co. lifted its position in shares of iShares U.S. Technology ETF by 81.7% during the third quarter. Brown Brothers Harriman & Co. now owns 545 shares of the exchange traded fund’s stock worth $83,000 after acquiring an additional 245 shares in the last quarter. Finally, Bank of Montreal Can boosted its holdings in shares of iShares U.S. Technology ETF by 2.0% in the third quarter. Bank of Montreal Can now owns 106,630 shares of the exchange traded fund’s stock worth $16,102,000 after acquiring an additional 2,041 shares during the period.

iShares U.S. Technology ETF Stock Performance

Shares of NYSEARCA IYW opened at $140.66 on Friday. The stock has a fifty day moving average of $155.45 and a 200-day moving average of $156.42. The stock has a market cap of $17.55 billion, a PE ratio of 33.00 and a beta of 1.16. iShares U.S. Technology ETF has a fifty-two week low of $124.32 and a fifty-two week high of $167.30.

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).