World Equity Group Inc. Boosts Stock Position in iShares U.S. Technology ETF (NYSEARCA:IYW)

World Equity Group Inc. boosted its holdings in iShares U.S. Technology ETF (NYSEARCA:IYW) by 30.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 8,844 shares of the exchange traded fund’s stock after purchasing an additional 2,040 shares during the period. World Equity Group Inc.’s holdings in iShares U.S. Technology ETF were worth $1,411,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Great Valley Advisor Group Inc. raised its holdings in shares of iShares U.S. Technology ETF by 1.9% during the 3rd quarter. Great Valley Advisor Group Inc. now owns 3,963 shares of the exchange traded fund’s stock valued at $600,000 after buying an additional 73 shares in the last quarter. XML Financial LLC raised its holdings in shares of iShares U.S. Technology ETF by 1.7% during the 4th quarter. XML Financial LLC now owns 4,396 shares of the exchange traded fund’s stock valued at $701,000 after buying an additional 73 shares in the last quarter. Planning Directions Inc. raised its holdings in shares of iShares U.S. Technology ETF by 4.3% during the 3rd quarter. Planning Directions Inc. now owns 1,945 shares of the exchange traded fund’s stock valued at $295,000 after buying an additional 81 shares in the last quarter. Nicolet Advisory Services LLC raised its holdings in shares of iShares U.S. Technology ETF by 2.9% during the 3rd quarter. Nicolet Advisory Services LLC now owns 2,909 shares of the exchange traded fund’s stock valued at $436,000 after buying an additional 81 shares in the last quarter. Finally, New Republic Capital LLC raised its holdings in shares of iShares U.S. Technology ETF by 4.4% during the 4th quarter. New Republic Capital LLC now owns 1,925 shares of the exchange traded fund’s stock valued at $307,000 after buying an additional 82 shares in the last quarter.

iShares U.S. Technology ETF Trading Down 2.6 %

Shares of NYSEARCA IYW opened at $161.55 on Friday. The stock has a market cap of $19.85 billion, a price-to-earnings ratio of 38.84 and a beta of 1.43. iShares U.S. Technology ETF has a 1-year low of $124.32 and a 1-year high of $167.30. The stock’s 50-day moving average is $162.06 and its 200 day moving average is $155.82.

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).