CWA Asset Management Group LLC Boosts Position in iShares U.S. Technology ETF (NYSEARCA:IYW)

CWA Asset Management Group LLC grew its position in iShares U.S. Technology ETF (NYSEARCA:IYW) by 6.6% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 5,680 shares of the exchange traded fund’s stock after purchasing an additional 352 shares during the period. CWA Asset Management Group LLC’s holdings in iShares U.S. Technology ETF were worth $906,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Central Pacific Bank Trust Division grew its position in shares of iShares U.S. Technology ETF by 10.2% in the fourth quarter. Central Pacific Bank Trust Division now owns 27,972 shares of the exchange traded fund’s stock valued at $4,462,000 after purchasing an additional 2,590 shares during the last quarter. GAMMA Investing LLC grew its holdings in iShares U.S. Technology ETF by 13.3% during the 4th quarter. GAMMA Investing LLC now owns 2,174 shares of the exchange traded fund’s stock valued at $347,000 after buying an additional 255 shares during the last quarter. Wilmington Savings Fund Society FSB acquired a new stake in iShares U.S. Technology ETF during the 3rd quarter valued at $196,000. World Investment Advisors LLC increased its position in iShares U.S. Technology ETF by 30.2% during the third quarter. World Investment Advisors LLC now owns 11,682 shares of the exchange traded fund’s stock worth $1,771,000 after buying an additional 2,710 shares in the last quarter. Finally, Eaton Financial Holdings Company LLC acquired a new position in shares of iShares U.S. Technology ETF in the third quarter worth $1,058,000.

iShares U.S. Technology ETF Stock Down 2.3 %

Shares of NYSEARCA:IYW opened at $161.10 on Wednesday. The company has a market capitalization of $19.79 billion, a P/E ratio of 38.84 and a beta of 1.43. iShares U.S. Technology ETF has a 52-week low of $118.25 and a 52-week high of $166.47. The stock’s fifty day simple moving average is $160.53 and its 200-day simple moving average is $152.97.

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).