RiverFront Investment Group LLC Has $67.86 Million Position in iShares U.S. Technology ETF (NYSEARCA:IYW)

RiverFront Investment Group LLC grew its stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 2.5% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 552,862 shares of the exchange traded fund’s stock after buying an additional 13,588 shares during the period. iShares U.S. Technology ETF makes up 2.1% of RiverFront Investment Group LLC’s investment portfolio, making the stock its 13th biggest holding. RiverFront Investment Group LLC owned about 0.54% of iShares U.S. Technology ETF worth $67,863,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in IYW. Authentikos Wealth Advisory LLC bought a new stake in iShares U.S. Technology ETF in the third quarter valued at about $33,000. Sheets Smith Wealth Management bought a new stake in iShares U.S. Technology ETF in the third quarter valued at about $35,000. LWM Advisory Services LLC bought a new stake in iShares U.S. Technology ETF in the third quarter valued at about $40,000. Headinvest LLC bought a new stake in iShares U.S. Technology ETF in the third quarter valued at about $42,000. Finally, Annis Gardner Whiting Capital Advisors LLC bought a new stake in iShares U.S. Technology ETF in the third quarter valued at about $43,000.

iShares U.S. Technology ETF Trading Up 2.1 %

NYSEARCA IYW traded up $2.75 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 cap of $15.98 billion, a PE ratio of 40.59 and a beta of 1.39. The business has a 50-day moving average price of $132.87 and a 200 day moving average price of $123.76. 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 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).