Ballew Advisors Inc Buys 1,246 Shares of iShares U.S. Technology ETF (NYSEARCA:IYW)

Ballew Advisors Inc lifted its stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 11.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 12,353 shares of the exchange traded fund’s stock after buying an additional 1,246 shares during the period. iShares U.S. Technology ETF comprises about 1.2% of Ballew Advisors Inc’s holdings, making the stock its 19th largest position. Ballew Advisors Inc’s holdings in iShares U.S. Technology ETF were worth $1,934,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also bought and sold shares of the company. Phillips Financial Management LLC grew its stake in shares of 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 worth $27,000 after acquiring an additional 170 shares in the last quarter. Brooklyn Investment Group boosted its holdings in 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 last quarter. Activest Wealth Management purchased a new position in iShares U.S. Technology ETF during the third quarter worth about $52,000. Legacy Investment Solutions LLC purchased a new stake in iShares U.S. Technology ETF in the 3rd quarter valued at about $63,000. Finally, PSI Advisors LLC lifted its position in shares of iShares U.S. Technology ETF by 36.2% during the 4th quarter. PSI Advisors LLC now owns 463 shares of the exchange traded fund’s stock worth $74,000 after buying an additional 123 shares in the last quarter.

iShares U.S. Technology ETF Stock Up 1.6 %

Shares of NYSEARCA IYW opened at $161.29 on Friday. The company has a market capitalization of $19.81 billion, a PE ratio of 38.84 and a beta of 1.43. The stock’s 50 day moving average price is $161.12 and its 200-day moving average price is $153.42. iShares U.S. Technology ETF has a twelve month low of $123.78 and a twelve month high of $166.47.

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).