PSI Advisors LLC Buys 123 Shares of iShares U.S. Technology ETF (NYSEARCA:IYW)

PSI Advisors LLC grew its stake in iShares U.S. Technology ETF (NYSEARCA:IYW) by 36.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 463 shares of the exchange traded fund’s stock after acquiring an additional 123 shares during the period. PSI Advisors LLC’s holdings in iShares U.S. Technology ETF were worth $74,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. One Capital Management LLC increased its holdings in iShares U.S. Technology ETF by 1.2% during the 2nd quarter. One Capital Management LLC now owns 30,775 shares of the exchange traded fund’s stock worth $4,632,000 after purchasing an additional 356 shares during the period. Mesirow Financial Investment Management Inc. bought a new position in shares of iShares U.S. Technology ETF during the 2nd quarter worth $203,000. Citizens Financial Group Inc. RI purchased a new position in shares of iShares U.S. Technology ETF during the second quarter valued at $2,331,000. WealthPLAN Partners LLC raised its holdings in shares of iShares U.S. Technology ETF by 2.3% in the second quarter. WealthPLAN Partners LLC now owns 7,456 shares of the exchange traded fund’s stock valued at $1,122,000 after acquiring an additional 170 shares in the last quarter. Finally, Moors & Cabot Inc. lifted its stake in iShares U.S. Technology ETF by 15.2% in the second quarter. Moors & Cabot Inc. now owns 6,677 shares of the exchange traded fund’s stock worth $1,005,000 after acquiring an additional 880 shares during the period.

iShares U.S. Technology ETF Price Performance

Shares of iShares U.S. Technology ETF stock opened at $156.60 on Wednesday. The stock has a market cap of $19.24 billion, a price-to-earnings ratio of 38.84 and a beta of 1.43. The firm’s 50-day moving average is $161.06 and its two-hundred day moving average is $153.23. iShares U.S. Technology ETF has a 1 year low of $121.05 and a 1 year high of $166.47.

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).