Tennessee Valley Asset Management Partners Increases Stake in iShares U.S. Technology ETF (NYSEARCA:IYW)

Tennessee Valley Asset Management Partners increased its position in iShares U.S. Technology ETF (NYSEARCA:IYW) by 12.4% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 10,512 shares of the exchange traded fund’s stock after acquiring an additional 1,161 shares during the period. Tennessee Valley Asset Management Partners’ holdings in iShares U.S. Technology ETF were worth $1,677,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Magnus Financial Group LLC increased its holdings in iShares U.S. Technology ETF by 0.6% in the 3rd quarter. Magnus Financial Group LLC now owns 11,845 shares of the exchange traded fund’s stock worth $1,796,000 after acquiring an additional 67 shares in the last quarter. Marino Stram & Associates LLC grew its holdings in iShares U.S. Technology ETF by 3.7% during the 3rd quarter. Marino Stram & Associates LLC now owns 1,902 shares of the exchange traded fund’s stock valued at $288,000 after buying an additional 67 shares in the last quarter. Investment Advisory Group LLC raised its position in shares of iShares U.S. Technology ETF by 1.0% during the third quarter. Investment Advisory Group LLC now owns 7,583 shares of the exchange traded fund’s stock valued at $1,150,000 after buying an additional 73 shares during the last quarter. Great Valley Advisor Group Inc. lifted its stake in iShares U.S. Technology ETF by 1.9% in the 3rd quarter. Great Valley Advisor Group Inc. now owns 3,963 shares of the exchange traded fund’s stock worth $600,000 after purchasing an additional 73 shares in the last quarter. Finally, XML Financial LLC boosted its holdings in shares of iShares U.S. Technology ETF by 1.7% during the 4th quarter. XML Financial LLC now owns 4,396 shares of the exchange traded fund’s stock valued at $701,000 after purchasing an additional 73 shares during the last quarter.

iShares U.S. Technology ETF Trading Down 0.9 %

Shares of IYW stock opened at $164.69 on Monday. The stock has a market capitalization of $20.23 billion, a price-to-earnings ratio of 38.84 and a beta of 1.43. iShares U.S. Technology ETF has a 12-month low of $124.32 and a 12-month high of $166.83. The stock’s 50-day moving average price is $161.61 and its 200-day moving average price is $153.68.

About iShares U.S. Technology ETF

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).