Fulton Breakefield Broenniman LLC Invests $200,000 in iShares U.S. Technology ETF (NYSEARCA:IYW)

Fulton Breakefield Broenniman LLC purchased a new position in iShares U.S. Technology ETF (NYSEARCA:IYW) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 1,631 shares of the exchange traded fund’s stock, valued at approximately $200,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of IYW. International Assets Investment Management LLC lifted its position in iShares U.S. Technology ETF by 13,488.1% during the fourth quarter. International Assets Investment Management LLC now owns 1,145,345 shares of the exchange traded fund’s stock valued at $140,591,000 after purchasing an additional 1,136,916 shares in the last quarter. Envestnet Portfolio Solutions Inc. purchased a new position in iShares U.S. Technology ETF during the third quarter valued at $90,722,000. The Manufacturers Life Insurance Company lifted its position in iShares U.S. Technology ETF by 3,606.9% during the third quarter. The Manufacturers Life Insurance Company now owns 622,757 shares of the exchange traded fund’s stock valued at $65,337,000 after purchasing an additional 605,957 shares in the last quarter. Hsbc Holdings PLC lifted its position in iShares U.S. Technology ETF by 1,449.5% during the third quarter. Hsbc Holdings PLC now owns 475,831 shares of the exchange traded fund’s stock valued at $49,924,000 after purchasing an additional 445,122 shares in the last quarter. Finally, CWM LLC lifted its position in shares of iShares U.S. Technology ETF by 50.1% in the fourth quarter. CWM LLC now owns 1,078,737 shares of the exchange traded fund’s stock valued at $132,415,000 after acquiring an additional 360,020 shares in the last quarter.

iShares U.S. Technology ETF Price Performance

Shares of NYSEARCA IYW traded up $2.75 during mid-day trading on Friday, reaching $130.95. The company’s stock had a trading volume of 798,608 shares, compared to its average volume of 901,852. The firm has a market capitalization of $15.98 billion, a PE ratio of 40.59 and a beta of 1.39. The stock has a fifty day moving average of $132.87 and a two-hundred day moving average of $123.61. iShares U.S. Technology ETF has a 52 week low of $90.75 and a 52 week high of $137.54.

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).