Two West Capital Advisors LLC Increases Stock Holdings in iShares U.S. Technology ETF (NYSEARCA:IYW)

Two West Capital Advisors LLC boosted its position in iShares U.S. Technology ETF (NYSEARCA:IYW) by 35.5% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,260 shares of the exchange traded fund’s stock after purchasing an additional 592 shares during the quarter. Two West Capital Advisors LLC’s holdings in iShares U.S. Technology ETF were worth $307,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in IYW. Headlands Technologies LLC bought a new position in iShares U.S. Technology ETF in the fourth quarter worth $40,000. Avion Wealth bought a new position in iShares U.S. Technology ETF in the fourth quarter worth $47,000. SRS Capital Advisors Inc. raised its holdings 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 worth $47,000 after purchasing an additional 90 shares in the last quarter. Atala Financial Inc bought a new position in iShares U.S. Technology ETF in the fourth quarter worth $52,000. Finally, Kestra Investment Management LLC bought a new position in iShares U.S. Technology ETF in the fourth quarter worth $53,000.

iShares U.S. Technology ETF Trading Down 0.3%

IYW opened at $164.49 on Thursday. The stock has a fifty day simple moving average of $147.86 and a two-hundred day simple moving average of $153.92. The company has a market cap of $20.20 billion, a price-to-earnings ratio of 35.28 and a beta of 1.23. iShares U.S. Technology ETF has a 12-month low of $117.55 and a 12-month high of $167.30.

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).