Worth Asset Management LLC Purchases New Position in iShares U.S. Technology ETF (NYSEARCA:IYW)

Worth Asset Management LLC acquired a new stake in iShares U.S. Technology ETF (NYSEARCA:IYW) in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 5,264 shares of the exchange traded fund’s stock, valued at approximately $711,000.

Several other large investors have also modified their holdings of the company. RFG Advisory LLC raised its stake in shares of iShares U.S. Technology ETF by 10.2% during the fourth quarter. RFG Advisory LLC now owns 33,429 shares of the exchange traded fund’s stock worth $4,103,000 after purchasing an additional 3,095 shares during the last quarter. Financial Gravity Asset Management Inc. raised its stake in shares of iShares U.S. Technology ETF by 987.0% during the third quarter. Financial Gravity Asset Management Inc. now owns 310,777 shares of the exchange traded fund’s stock worth $32,607,000 after purchasing an additional 282,186 shares during the last quarter. Occidental Asset Management LLC raised its stake in shares of iShares U.S. Technology ETF by 3.2% during the fourth quarter. Occidental Asset Management LLC now owns 5,709 shares of the exchange traded fund’s stock worth $701,000 after purchasing an additional 178 shares during the last quarter. West Wealth Group LLC raised its stake in shares of iShares U.S. Technology ETF by 27.5% during the fourth quarter. West Wealth Group LLC now owns 64,329 shares of the exchange traded fund’s stock worth $7,896,000 after purchasing an additional 13,881 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. raised its stake in shares of iShares U.S. Technology ETF by 45.5% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 1,257,759 shares of the exchange traded fund’s stock worth $154,390,000 after purchasing an additional 393,079 shares during the last quarter.

iShares U.S. Technology ETF Stock Performance

NYSEARCA:IYW traded down $2.54 during trading hours on Monday, hitting $147.83. The company’s stock had a trading volume of 740,913 shares, compared to its average volume of 883,647. The business’s 50-day moving average is $138.48 and its two-hundred day moving average is $132.38. The company has a market capitalization of $18.16 billion, a PE ratio of 38.84 and a beta of 1.43. iShares U.S. Technology ETF has a 52-week low of $100.84 and a 52-week high of $154.41.

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).