Congress Wealth Management LLC DE Increases Stake in iShares U.S. Technology ETF (NYSEARCA:IYW)

Congress Wealth Management LLC DE raised its stake in iShares U.S. Technology ETF (NYSEARCA:IYW) by 1.7% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 330,921 shares of the exchange traded fund’s stock after purchasing an additional 5,651 shares during the quarter. iShares U.S. Technology ETF accounts for 0.7% of Congress Wealth Management LLC DE’s portfolio, making the stock its 24th biggest position. Congress Wealth Management LLC DE owned 0.27% of iShares U.S. Technology ETF worth $52,789,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently made changes to their positions in the stock. Brooklyn Investment Group boosted its holdings in shares of iShares U.S. Technology ETF by 84.3% during the fourth quarter. Brooklyn Investment Group now owns 199 shares of the exchange traded fund’s stock worth $32,000 after purchasing an additional 91 shares during the period. Avion Wealth bought a new position in iShares U.S. Technology ETF during the 4th quarter valued at approximately $47,000. SRS Capital Advisors Inc. lifted its holdings in iShares U.S. Technology ETF by 43.7% in the 4th quarter. SRS Capital Advisors Inc. now owns 296 shares of the exchange traded fund’s stock worth $47,000 after buying an additional 90 shares during the period. Atala Financial Inc bought a new stake in shares of iShares U.S. Technology ETF in the 4th quarter worth approximately $52,000. Finally, Kestra Investment Management LLC purchased a new position in shares of iShares U.S. Technology ETF during the fourth quarter valued at approximately $53,000.

iShares U.S. Technology ETF Stock Up 0.4 %

Shares of iShares U.S. Technology ETF stock opened at $146.23 on Monday. The company has a market cap of $18.24 billion, a PE ratio of 33.00 and a beta of 1.16. The business has a 50 day moving average of $156.70 and a 200 day moving average of $156.41. iShares U.S. Technology ETF has a 52 week low of $124.32 and a 52 week high of $167.30.

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).