Assetmark Inc. Boosts Holdings in iShares U.S. Technology ETF (NYSEARCA:IYW)

Assetmark Inc. increased its position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 52.6% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 42,158 shares of the exchange traded fund’s stock after buying an additional 14,527 shares during the quarter. Assetmark Inc.’s holdings in iShares U.S. Technology ETF were worth $6,725,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the business. Phillips Financial Management LLC raised its position in iShares U.S. Technology ETF by 1,545.5% in the third quarter. Phillips Financial Management LLC now owns 181 shares of the exchange traded fund’s stock valued at $27,000 after purchasing an additional 170 shares during the period. Brooklyn Investment Group increased its position in shares of iShares U.S. Technology ETF by 84.3% during the 4th quarter. Brooklyn Investment Group now owns 199 shares of the exchange traded fund’s stock worth $32,000 after purchasing an additional 91 shares during the last quarter. Avion Wealth purchased a new stake in iShares U.S. Technology ETF in the 4th quarter valued at about $47,000. SRS Capital Advisors Inc. lifted its position in 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 buying an additional 90 shares during the last quarter. Finally, Activest Wealth Management purchased a new position in iShares U.S. Technology ETF during the third quarter worth about $52,000.

iShares U.S. Technology ETF Price Performance

Shares of IYW opened at $149.09 on Friday. The firm has a 50-day simple moving average of $160.21 and a two-hundred day simple moving average of $156.46. The stock has a market cap of $18.73 billion, a PE ratio of 35.73 and a beta of 1.14. iShares U.S. Technology ETF has a 1-year low of $124.32 and a 1-year 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).