Avidian Wealth Solutions LLC Purchases 3,844 Shares of iShares U.S. Technology ETF (NYSEARCA:IYW)

Avidian Wealth Solutions LLC boosted its position in iShares U.S. Technology ETF (NYSEARCA:IYW) by 25.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,091 shares of the exchange traded fund’s stock after buying an additional 3,844 shares during the quarter. Avidian Wealth Solutions LLC’s holdings in iShares U.S. Technology ETF were worth $2,343,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also bought and sold shares of IYW. W Advisors LLC lifted its holdings in shares of iShares U.S. Technology ETF by 44.2% in the 4th quarter. W Advisors LLC now owns 14,237 shares of the exchange traded fund’s stock worth $1,748,000 after acquiring an additional 4,366 shares during the last quarter. U.S. Capital Wealth Advisors LLC raised its position in iShares U.S. Technology ETF by 291.3% in the 4th quarter. U.S. Capital Wealth Advisors LLC now owns 38,992 shares of the exchange traded fund’s stock worth $4,786,000 after purchasing an additional 29,026 shares during the period. Merit Financial Group LLC lifted its stake in iShares U.S. Technology ETF by 7.4% in the fourth quarter. Merit Financial Group LLC now owns 61,611 shares of the exchange traded fund’s stock worth $7,563,000 after purchasing an additional 4,261 shares during the last quarter. 9258 Wealth Management LLC purchased a new stake in iShares U.S. Technology ETF during the fourth quarter valued at about $202,000. Finally, Benjamin F. Edwards & Company Inc. boosted its position in iShares U.S. Technology ETF by 56.9% during the fourth quarter. Benjamin F. Edwards & Company Inc. now owns 18,684 shares of the exchange traded fund’s stock valued at $2,293,000 after buying an additional 6,779 shares during the period.

iShares U.S. Technology ETF Stock Up 2.4 %

Shares of IYW traded up $3.16 during trading hours on Friday, hitting $132.17. The company had a trading volume of 1,312,736 shares, compared to its average volume of 897,433. iShares U.S. Technology ETF has a 52-week low of $90.76 and a 52-week high of $137.54. The stock’s 50 day moving average price is $132.72 and its 200 day moving average price is $124.47. The firm has a market cap of $16.24 billion, a P/E ratio of 38.84 and a beta of 1.43.

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).