iShares U.S. Technology ETF (NYSEARCA:IYW) Position Raised by Patton Albertson Miller Group LLC

Patton Albertson Miller Group LLC raised its holdings in iShares U.S. Technology ETF (NYSEARCA:IYW) by 26.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 79,673 shares of the exchange traded fund’s stock after purchasing an additional 16,666 shares during the period. iShares U.S. Technology ETF accounts for about 1.7% of Patton Albertson Miller Group LLC’s holdings, making the stock its 8th biggest position. Patton Albertson Miller Group LLC owned 0.06% of iShares U.S. Technology ETF worth $12,709,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of IYW. LPL Financial LLC grew its holdings in iShares U.S. Technology ETF by 3.0% during the 3rd quarter. LPL Financial LLC now owns 4,133,439 shares of the exchange traded fund’s stock valued at $626,712,000 after buying an additional 120,614 shares in the last quarter. International Assets Investment Management LLC grew its stake in iShares U.S. Technology ETF by 29,435.7% during the third quarter. International Assets Investment Management LLC now owns 3,190,156 shares of the exchange traded fund’s stock valued at $483,691,000 after acquiring an additional 3,179,355 shares in the last quarter. Park Avenue Securities LLC increased its holdings in iShares U.S. Technology ETF by 2.0% during the 4th quarter. Park Avenue Securities LLC now owns 931,780 shares of the exchange traded fund’s stock worth $148,638,000 after acquiring an additional 18,382 shares during the period. Cetera Investment Advisers lifted its stake in iShares U.S. Technology ETF by 0.9% in the 2nd quarter. Cetera Investment Advisers now owns 750,041 shares of the exchange traded fund’s stock worth $112,881,000 after purchasing an additional 7,039 shares in the last quarter. Finally, RiverFront Investment Group LLC boosted its holdings in iShares U.S. Technology ETF by 7.4% in the 2nd quarter. RiverFront Investment Group LLC now owns 725,878 shares of the exchange traded fund’s stock valued at $109,245,000 after purchasing an additional 50,202 shares during the period.

iShares U.S. Technology ETF Price Performance

IYW opened at $164.69 on Friday. The firm has a market capitalization of $20.23 billion, a P/E ratio of 38.84 and a beta of 1.43. iShares U.S. Technology ETF has a one year low of $124.32 and a one year high of $166.83. The company has a fifty day moving average price of $161.61 and a 200-day moving average price of $153.71.

About iShares U.S. Technology ETF

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).