Fairvoy Private Wealth LLC Takes $536,000 Position in iShares U.S. Technology ETF (NYSEARCA:IYW)

Fairvoy Private Wealth LLC bought a new position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor bought 3,363 shares of the exchange traded fund’s stock, valued at approximately $536,000.

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

iShares U.S. Technology ETF Trading Up 0.4 %

Shares of NYSEARCA IYW opened at $161.94 on Friday. iShares U.S. Technology ETF has a 12-month low of $124.32 and a 12-month high of $166.83. The company has a market cap of $19.89 billion, a PE ratio of 38.84 and a beta of 1.43. The stock has a 50 day simple moving average of $161.91 and a 200-day simple moving average of $154.10.

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).