My Legacy Advisors LLC Has $2.34 Million Position in iShares U.S. Technology ETF (NYSEARCA:IYW)

My Legacy Advisors LLC cut its holdings in iShares U.S. Technology ETF (NYSEARCA:IYW) by 3.0% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 14,615 shares of the exchange traded fund’s stock after selling 449 shares during the period. iShares U.S. Technology ETF makes up approximately 0.9% of My Legacy Advisors LLC’s portfolio, making the stock its 27th biggest position. My Legacy Advisors LLC’s holdings in iShares U.S. Technology ETF were worth $2,341,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Phillips Financial Management LLC grew its stake in iShares U.S. Technology ETF by 1,545.5% during the third quarter. Phillips Financial Management LLC now owns 181 shares of the exchange traded fund’s stock worth $27,000 after purchasing an additional 170 shares during the period. Brooklyn Investment Group grew its position in shares of iShares U.S. Technology ETF by 84.3% during the 4th quarter. Brooklyn Investment Group now owns 199 shares of the exchange traded fund’s stock worth $32,000 after buying an additional 91 shares during the period. Activest Wealth Management bought a new stake in shares of iShares U.S. Technology ETF in the 3rd quarter valued at $52,000. Legacy Investment Solutions LLC acquired a new position in shares of iShares U.S. Technology ETF during the 3rd quarter valued at $63,000. Finally, PSI Advisors LLC boosted its stake 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 in the last quarter.

iShares U.S. Technology ETF Trading Up 1.6 %

NYSEARCA:IYW opened at $161.29 on Friday. iShares U.S. Technology ETF has a 12 month low of $123.78 and a 12 month high of $166.47. The stock has a market capitalization of $19.81 billion, a price-to-earnings ratio of 38.84 and a beta of 1.43. The firm has a fifty day simple moving average of $161.12 and a two-hundred day simple moving average of $153.42.

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).