Advance Capital Management Inc. Boosts Stock Holdings in iShares U.S. Technology ETF (NYSEARCA:IYW)

Advance Capital Management Inc. raised its stake in iShares U.S. Technology ETF (NYSEARCA:IYW) by 6.5% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 4,137 shares of the exchange traded fund’s stock after purchasing an additional 254 shares during the quarter. Advance Capital Management Inc.’s holdings in iShares U.S. Technology ETF were worth $660,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the stock. CWA Asset Management Group LLC boosted its position in iShares U.S. Technology ETF by 6.6% during the 4th quarter. CWA Asset Management Group LLC now owns 5,680 shares of the exchange traded fund’s stock valued at $906,000 after buying an additional 352 shares during the period. Central Pacific Bank Trust Division boosted its holdings in shares of iShares U.S. Technology ETF by 10.2% during the fourth quarter. Central Pacific Bank Trust Division now owns 27,972 shares of the exchange traded fund’s stock worth $4,462,000 after purchasing an additional 2,590 shares during the period. GAMMA Investing LLC grew its stake in shares of iShares U.S. Technology ETF by 13.3% in the fourth quarter. GAMMA Investing LLC now owns 2,174 shares of the exchange traded fund’s stock worth $347,000 after purchasing an additional 255 shares during the last quarter. Wilmington Savings Fund Society FSB purchased a new position in iShares U.S. Technology ETF during the 3rd quarter valued at about $196,000. Finally, World Investment Advisors LLC raised its position in iShares U.S. Technology ETF by 30.2% during the 3rd quarter. World Investment Advisors LLC now owns 11,682 shares of the exchange traded fund’s stock valued at $1,771,000 after purchasing an additional 2,710 shares during the last quarter.

iShares U.S. Technology ETF Stock Performance

Shares of NYSEARCA IYW traded up $2.50 during midday trading on Monday, hitting $164.87. 628,200 shares of the company traded hands, compared to its average volume of 1,105,046. iShares U.S. Technology ETF has a 12-month low of $118.25 and a 12-month high of $166.47. The stock has a 50-day moving average price of $160.28 and a 200 day moving average price of $152.80. The firm has a market cap of $20.25 billion, a P/E 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).