Counterweight Ventures LLC Makes New $2.62 Million Investment in iShares U.S. Technology ETF (NYSEARCA:IYW)

Counterweight Ventures LLC bought a new stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) in the 4th quarter, Holdings Channel reports. The firm bought 21,318 shares of the exchange traded fund’s stock, valued at approximately $2,617,000. iShares U.S. Technology ETF makes up 2.4% of Counterweight Ventures LLC’s investment portfolio, making the stock its 15th biggest holding.

Several other large investors have also modified their holdings of the business. Kesler Norman & Wride LLC boosted its holdings in shares of iShares U.S. Technology ETF by 3.5% in the third quarter. Kesler Norman & Wride LLC now owns 7,948 shares of the exchange traded fund’s stock valued at $834,000 after purchasing an additional 269 shares during the period. WCG Wealth Advisors LLC boosted its holdings in shares of iShares U.S. Technology ETF by 64.3% in the third quarter. WCG Wealth Advisors LLC now owns 46,053 shares of the exchange traded fund’s stock valued at $4,832,000 after purchasing an additional 18,020 shares during the period. Envestnet Portfolio Solutions Inc. purchased a new stake in shares of iShares U.S. Technology ETF in the third quarter valued at approximately $90,722,000. Balentine LLC boosted its holdings in shares of iShares U.S. Technology ETF by 72.7% in the third quarter. Balentine LLC now owns 696 shares of the exchange traded fund’s stock valued at $73,000 after purchasing an additional 293 shares during the period. Finally, Rathbones Group PLC purchased a new stake in iShares U.S. Technology ETF during the third quarter worth $2,445,000.

iShares U.S. Technology ETF Stock Performance

iShares U.S. Technology ETF stock traded up $0.84 during mid-day trading on Friday, reaching $151.08. 491,768 shares of the company were exchanged, compared to its average volume of 883,801. The business has a fifty day moving average of $136.36 and a 200 day moving average of $130.82. The firm has a market cap of $18.56 billion, a P/E ratio of 38.84 and a beta of 1.43. iShares U.S. Technology ETF has a 12-month low of $100.84 and a 12-month high of $151.19.

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).