Phillips Financial Management LLC Has $27,000 Holdings in iShares U.S. Technology ETF (NYSEARCA:IYW)

Phillips Financial Management LLC increased its position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 1,545.5% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 181 shares of the exchange traded fund’s stock after buying an additional 170 shares during the period. Phillips Financial Management LLC’s holdings in iShares U.S. Technology ETF were worth $27,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in IYW. Rosenberg Matthew Hamilton increased its stake in shares of iShares U.S. Technology ETF by 133.8% during the 2nd quarter. Rosenberg Matthew Hamilton now owns 166 shares of the exchange traded fund’s stock worth $25,000 after purchasing an additional 95 shares during the last quarter. Central Bank & Trust Co. grew its holdings in iShares U.S. Technology ETF by 343.6% during the second quarter. Central Bank & Trust Co. now owns 173 shares of the exchange traded fund’s stock worth $26,000 after purchasing an additional 134 shares during the period. Chris Bulman Inc acquired a new position in iShares U.S. Technology ETF during the second quarter worth approximately $41,000. Cultivar Capital Inc. acquired a new position in iShares U.S. Technology ETF during the second quarter worth approximately $53,000. Finally, Sugarloaf Wealth Management LLC raised its stake in iShares U.S. Technology ETF by 40.3% in the second quarter. Sugarloaf Wealth Management LLC now owns 397 shares of the exchange traded fund’s stock valued at $60,000 after buying an additional 114 shares during the period.

iShares U.S. Technology ETF Trading Up 0.4 %

Shares of NYSEARCA IYW opened at $156.19 on Tuesday. The company has a market capitalization of $19.19 billion, a P/E ratio of 38.84 and a beta of 1.43. iShares U.S. Technology ETF has a 12 month low of $114.84 and a 12 month high of $161.49. The stock has a 50 day moving average of $152.95 and a 200-day moving average of $147.86.

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).