Brookstone Capital Management Has $11.06 Million Stake in iShares U.S. Technology ETF (NYSEARCA:IYW)

Brookstone Capital Management trimmed its holdings in iShares U.S. Technology ETF (NYSEARCA:IYW) by 5.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 69,332 shares of the exchange traded fund’s stock after selling 4,041 shares during the period. Brookstone Capital Management owned 0.06% of iShares U.S. Technology ETF worth $11,060,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in IYW. Magnus Financial Group LLC lifted its holdings in iShares U.S. Technology ETF by 0.6% during the 3rd quarter. Magnus Financial Group LLC now owns 11,845 shares of the exchange traded fund’s stock worth $1,796,000 after purchasing an additional 67 shares during the last quarter. Marino Stram & Associates LLC lifted its holdings in iShares U.S. Technology ETF by 3.7% during the 3rd quarter. Marino Stram & Associates LLC now owns 1,902 shares of the exchange traded fund’s stock worth $288,000 after purchasing an additional 67 shares during the last quarter. Investment Advisory Group LLC raised its holdings in iShares U.S. Technology ETF by 1.0% in the 3rd quarter. Investment Advisory Group LLC now owns 7,583 shares of the exchange traded fund’s stock valued at $1,150,000 after acquiring an additional 73 shares in the last quarter. Great Valley Advisor Group Inc. raised its holdings in iShares U.S. Technology ETF by 1.9% in the 3rd quarter. Great Valley Advisor Group Inc. now owns 3,963 shares of the exchange traded fund’s stock valued at $600,000 after acquiring an additional 73 shares in the last quarter. Finally, Saxony Capital Management LLC raised its holdings in iShares U.S. Technology ETF by 5.4% in the 3rd quarter. Saxony Capital Management LLC now owns 1,473 shares of the exchange traded fund’s stock valued at $223,000 after acquiring an additional 76 shares in the last quarter.

iShares U.S. Technology ETF Price Performance

Shares of NYSEARCA IYW opened at $156.56 on Tuesday. The stock has a market capitalization of $19.23 billion, a PE ratio of 38.84 and a beta of 1.43. The business has a fifty day moving average price of $160.96 and a two-hundred day moving average price of $153.19. iShares U.S. Technology ETF has a fifty-two week low of $121.05 and a fifty-two week high of $166.47.

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).