Prospera Financial Services Inc Grows Holdings in iShares U.S. Technology ETF $IYW

Prospera Financial Services Inc grew its holdings in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 11.5% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 66,127 shares of the exchange traded fund’s stock after acquiring an additional 6,813 shares during the period. Prospera Financial Services Inc’s holdings in iShares U.S. Technology ETF were worth $13,206,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Shelter Rock Management LLC bought a new position in iShares U.S. Technology ETF during the fourth quarter worth $323,000. Americana Partners LLC lifted its stake in iShares U.S. Technology ETF by 3.0% during the fourth quarter. Americana Partners LLC now owns 2,111 shares of the exchange traded fund’s stock worth $422,000 after purchasing an additional 62 shares during the last quarter. Daviman Financial LLC bought a new position in iShares U.S. Technology ETF during the fourth quarter worth $331,000. Lloyd Advisory Services LLC. bought a new position in iShares U.S. Technology ETF during the fourth quarter worth $56,000. Finally, Axxcess Wealth Management LLC bought a new position in iShares U.S. Technology ETF during the fourth quarter worth $41,199,000. 57.65% of the stock is currently owned by hedge funds and other institutional investors.

iShares U.S. Technology ETF Price Performance

Shares of IYW opened at $241.77 on Friday. The business’s fifty day moving average price is $207.39 and its 200 day moving average price is $201.05. iShares U.S. Technology ETF has a 12-month low of $154.02 and a 12-month high of $243.69. The stock has a market capitalization of $23.78 billion, a PE ratio of 34.95 and a beta of 1.33.

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). The Index measures the performance of the technology sector of the United States equity market, and includes companies in the industry groups, such as software and computer services and technology hardware and equipment.