RDA Financial Network Has $530,000 Holdings in iShares U.S. Technology ETF (NYSEARCA:IYW)

RDA Financial Network raised its position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 27.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,325 shares of the exchange traded fund’s stock after acquiring an additional 720 shares during the period. RDA Financial Network’s holdings in iShares U.S. Technology ETF were worth $530,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in IYW. Phillips Financial Management LLC boosted its stake in iShares U.S. Technology ETF by 1,545.5% in the 3rd quarter. Phillips Financial Management LLC now owns 181 shares of the exchange traded fund’s stock valued at $27,000 after purchasing an additional 170 shares during the period. Activest Wealth Management bought a new stake in shares of iShares U.S. Technology ETF in the third quarter valued at about $52,000. Legacy Investment Solutions LLC acquired a new position in shares of iShares U.S. Technology ETF in the third quarter valued at about $63,000. PSI Advisors LLC increased its position in iShares U.S. Technology ETF by 36.2% during the fourth quarter. PSI Advisors LLC now owns 463 shares of the exchange traded fund’s stock worth $74,000 after acquiring an additional 123 shares during the period. Finally, Brown Brothers Harriman & Co. raised its stake in iShares U.S. Technology ETF by 81.7% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 545 shares of the exchange traded fund’s stock worth $83,000 after purchasing an additional 245 shares in the last quarter.

iShares U.S. Technology ETF Stock Down 0.9 %

Shares of NYSEARCA:IYW opened at $158.73 on Friday. iShares U.S. Technology ETF has a 12-month low of $121.05 and a 12-month high of $166.47. The company’s 50 day moving average price is $161.12 and its two-hundred day moving average price is $153.36. The firm has a market cap of $19.50 billion, a PE ratio of 38.84 and a beta of 1.43.

iShares U.S. Technology ETF 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).