Herold Advisors Inc. Makes New Investment in iShares U.S. Technology ETF (NYSEARCA:IYW)

Herold Advisors Inc. bought a new position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 1,704 shares of the exchange traded fund’s stock, valued at approximately $209,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in IYW. Nicolet Advisory Services LLC boosted its holdings in shares of iShares U.S. Technology ETF by 3.2% in the 3rd quarter. Nicolet Advisory Services LLC now owns 2,919 shares of the exchange traded fund’s stock valued at $308,000 after buying an additional 91 shares in the last quarter. Northwest Capital Management Inc increased its holdings in shares of iShares U.S. Technology ETF by 2.7% during the 4th quarter. Northwest Capital Management Inc now owns 3,792 shares of the exchange traded fund’s stock valued at $465,000 after purchasing an additional 99 shares in the last quarter. Patriot Financial Group Insurance Agency LLC increased its holdings in shares of iShares U.S. Technology ETF by 1.0% during the 3rd quarter. Patriot Financial Group Insurance Agency LLC now owns 11,620 shares of the exchange traded fund’s stock valued at $1,219,000 after purchasing an additional 115 shares in the last quarter. Eudaimonia Partners LLC increased its holdings in shares of iShares U.S. Technology ETF by 1.4% during the 3rd quarter. Eudaimonia Partners LLC now owns 9,081 shares of the exchange traded fund’s stock valued at $953,000 after purchasing an additional 126 shares in the last quarter. Finally, Kanawha Capital Management LLC increased its holdings in shares of iShares U.S. Technology ETF by 4.8% during the 3rd quarter. Kanawha Capital Management LLC now owns 3,512 shares of the exchange traded fund’s stock valued at $369,000 after purchasing an additional 161 shares in the last quarter.

iShares U.S. Technology ETF Stock Up 2.1 %

Shares of NYSEARCA:IYW traded up $2.75 during trading on Friday, hitting $130.95. 798,583 shares of the stock traded hands, compared to its average volume of 901,852. The company has a market cap of $15.98 billion, a price-to-earnings ratio of 40.59 and a beta of 1.39. The company has a fifty day moving average price of $132.87 and a two-hundred day moving average price of $123.61. iShares U.S. Technology ETF has a 52-week low of $90.75 and a 52-week high of $137.54.

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).