BBR Partners LLC Purchases New Shares in iShares U.S. Technology ETF (NYSEARCA:IYW)

BBR Partners LLC purchased a new stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 5,048 shares of the exchange traded fund’s stock, valued at approximately $805,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Phillips Financial Management LLC grew its position in iShares U.S. Technology ETF by 1,545.5% during the third quarter. Phillips Financial Management LLC now owns 181 shares of the exchange traded fund’s stock valued at $27,000 after buying an additional 170 shares during the period. Brooklyn Investment Group grew its position in shares of iShares U.S. Technology ETF by 84.3% in the fourth quarter. Brooklyn Investment Group now owns 199 shares of the exchange traded fund’s stock valued at $32,000 after purchasing an additional 91 shares during the period. SRS Capital Advisors Inc. grew its position in shares of iShares U.S. Technology ETF by 43.7% in the fourth quarter. SRS Capital Advisors Inc. now owns 296 shares of the exchange traded fund’s stock valued at $47,000 after purchasing an additional 90 shares during the period. Avion Wealth acquired a new stake in shares of iShares U.S. Technology ETF in the fourth quarter valued at about $47,000. Finally, Kestra Investment Management LLC acquired a new stake in shares of iShares U.S. Technology ETF in the fourth quarter valued at about $53,000.

iShares U.S. Technology ETF Stock Down 3.1 %

Shares of NYSEARCA IYW opened at $147.47 on Friday. The company’s 50-day simple moving average is $160.57 and its 200-day simple moving average is $156.52. iShares U.S. Technology ETF has a 52-week low of $124.32 and a 52-week high of $167.30. The firm has a market cap of $18.52 billion, a price-to-earnings ratio of 35.73 and a beta of 1.14.

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).