Atala Financial Inc Invests $52,000 in iShares U.S. Technology ETF (NYSEARCA:IYW)

Atala Financial Inc purchased a new stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) in the 4th quarter, Holdings Channel reports. The fund purchased 325 shares of the exchange traded fund’s stock, valued at approximately $52,000.

A number of other hedge funds also recently added to or reduced their stakes in the company. LPL Financial LLC boosted its stake 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 purchasing an additional 120,614 shares during the last quarter. Raymond James Financial Inc. bought a new position in shares of iShares U.S. Technology ETF during the fourth quarter valued at $256,146,000. Dynasty Wealth Management LLC boosted its position in shares of iShares U.S. Technology ETF by 54.8% during the fourth quarter. Dynasty Wealth Management LLC now owns 1,404,039 shares of the exchange traded fund’s stock valued at $223,972,000 after buying an additional 497,043 shares during the last quarter. Park Avenue Securities LLC increased its holdings in iShares U.S. Technology ETF by 2.0% in the 4th quarter. Park Avenue Securities LLC now owns 931,780 shares of the exchange traded fund’s stock worth $148,638,000 after buying an additional 18,382 shares in the last quarter. Finally, Commonwealth Equity Services LLC raised its position in iShares U.S. Technology ETF by 1.6% in the 4th quarter. Commonwealth Equity Services LLC now owns 873,105 shares of the exchange traded fund’s stock worth $139,278,000 after buying an additional 13,670 shares during the last quarter.

iShares U.S. Technology ETF Stock Up 3.1 %

Shares of NYSEARCA IYW opened at $146.03 on Friday. The firm’s 50-day moving average price is $158.56 and its 200-day moving average price is $156.27. iShares U.S. Technology ETF has a 52-week low of $124.32 and a 52-week high of $167.30. The company has a market cap of $18.34 billion, a PE ratio of 35.73 and a beta of 1.14.

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).