Signature Estate & Investment Advisors LLC Makes New Investment in iShares U.S. Technology ETF (NYSEARCA:IYW)

Signature Estate & Investment Advisors LLC bought a new position in iShares U.S. Technology ETF (NYSEARCA:IYW) during the fourth quarter, according to its most recent 13F filing with the SEC. The fund bought 1,299 shares of the exchange traded fund’s stock, valued at approximately $207,000.

Several other hedge funds have also recently made changes to their positions in IYW. FMR LLC increased its stake in iShares U.S. Technology ETF by 11.0% during the third quarter. FMR LLC now owns 62,648 shares of the exchange traded fund’s stock worth $9,499,000 after acquiring an additional 6,225 shares during the last quarter. Brown Brothers Harriman & Co. increased its position in shares of iShares U.S. Technology ETF by 81.7% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 545 shares of the exchange traded fund’s stock valued at $83,000 after purchasing an additional 245 shares during the last quarter. Citigroup Inc. raised its holdings in iShares U.S. Technology ETF by 84.1% during the 3rd quarter. Citigroup Inc. now owns 49,610 shares of the exchange traded fund’s stock valued at $7,522,000 after buying an additional 22,667 shares during the period. Howard Capital Management Group LLC lifted its position in iShares U.S. Technology ETF by 1.1% in the third quarter. Howard Capital Management Group LLC now owns 208,920 shares of the exchange traded fund’s stock worth $31,677,000 after buying an additional 2,312 shares during the last quarter. Finally, Brooklyn Investment Group boosted its stake in iShares U.S. Technology ETF by 84.3% during the fourth quarter. Brooklyn Investment Group now owns 199 shares of the exchange traded fund’s stock worth $32,000 after buying an additional 91 shares during the period.

iShares U.S. Technology ETF Trading Down 1.1 %

Shares of IYW opened at $144.67 on Friday. The company’s fifty day simple moving average is $155.86 and its 200-day simple moving average is $156.41. The company has a market cap of $18.05 billion, a P/E ratio of 33.00 and a beta of 1.16. iShares U.S. Technology ETF has a twelve month low of $124.32 and a twelve month high of $167.30.

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).