iShares U.S. Technology ETF (NYSEARCA:IYW) Holdings Raised by First Horizon Advisors Inc.

First Horizon Advisors Inc. lifted its stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 27.0% during the fourth quarter, Holdings Channel.com reports. The firm owned 90,504 shares of the exchange traded fund’s stock after acquiring an additional 19,240 shares during the period. First Horizon Advisors Inc.’s holdings in iShares U.S. Technology ETF were worth $11,109,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Fisher Asset Management LLC bought a new stake in iShares U.S. Technology ETF in the fourth quarter worth about $217,000. Robertson Stephens Wealth Management LLC raised its position in iShares U.S. Technology ETF by 26.0% in the fourth quarter. Robertson Stephens Wealth Management LLC now owns 12,449 shares of the exchange traded fund’s stock worth $1,528,000 after acquiring an additional 2,568 shares in the last quarter. Mission Wealth Management LP bought a new stake in iShares U.S. Technology ETF in the fourth quarter worth about $266,000. Firestone Capital Management bought a new stake in iShares U.S. Technology ETF in the fourth quarter worth about $202,000. Finally, Kestra Private Wealth Services LLC raised its position in iShares U.S. Technology ETF by 55.3% in the fourth quarter. Kestra Private Wealth Services LLC now owns 18,518 shares of the exchange traded fund’s stock worth $2,273,000 after acquiring an additional 6,596 shares in the last quarter.

iShares U.S. Technology ETF Stock Up 2.4 %

iShares U.S. Technology ETF stock traded up $3.16 during midday trading on Friday, hitting $132.17. The company’s stock had a trading volume of 1,312,698 shares, compared to its average volume of 897,433. The stock’s 50-day moving average price is $132.73 and its 200-day moving average price is $124.31. iShares U.S. Technology ETF has a 12 month low of $90.76 and a 12 month high of $137.54. The company has a market capitalization of $16.24 billion, a PE ratio of 38.84 and a beta of 1.43.

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).