iShares U.S. Technology ETF (NYSEARCA:IYW) Stake Boosted by Terra Nova Asset Management LLC

Terra Nova Asset Management LLC grew its stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 0.8% in the 4th quarter, Holdings Channel reports. The firm owned 16,578 shares of the exchange traded fund’s stock after acquiring an additional 124 shares during the quarter. iShares U.S. Technology ETF comprises approximately 2.0% of Terra Nova Asset Management LLC’s holdings, making the stock its 20th biggest position. Terra Nova Asset Management LLC’s holdings in iShares U.S. Technology ETF were worth $2,645,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in the stock. Phillips Financial Management LLC boosted its position in shares of 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 worth $27,000 after buying an additional 170 shares during the period. Brooklyn Investment Group boosted its position in shares of 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. Activest Wealth Management acquired a new position in shares of iShares U.S. Technology ETF during the third quarter worth approximately $52,000. Legacy Investment Solutions LLC acquired a new position in shares of iShares U.S. Technology ETF during the third quarter worth approximately $63,000. Finally, PSI Advisors LLC boosted its position in shares of iShares U.S. Technology ETF by 36.2% during the fourth quarter. PSI Advisors LLC now owns 463 shares of the exchange traded fund’s stock worth $74,000 after buying an additional 123 shares during the period.

iShares U.S. Technology ETF Trading Up 1.6 %

Shares of NYSEARCA IYW opened at $161.29 on Monday. The stock has a 50 day simple moving average of $161.12 and a 200-day simple moving average of $153.41. The company has a market cap of $19.81 billion, a PE ratio of 38.84 and a beta of 1.43. iShares U.S. Technology ETF has a 12-month low of $123.78 and a 12-month high of $166.47.

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).