Occidental Asset Management LLC Acquires 178 Shares of iShares U.S. Technology ETF (NYSEARCA:IYW)

Occidental Asset Management LLC increased its holdings in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 3.2% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 5,709 shares of the exchange traded fund’s stock after acquiring an additional 178 shares during the period. Occidental Asset Management LLC’s holdings in iShares U.S. Technology ETF were worth $701,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Barclays PLC bought a new stake in shares of iShares U.S. Technology ETF during the 1st quarter worth approximately $25,000. Authentikos Wealth Advisory LLC purchased a new position in iShares U.S. Technology ETF during the 3rd quarter worth $33,000. Tucker Asset Management LLC increased its holdings in iShares U.S. Technology ETF by 286.6% during the 2nd quarter. Tucker Asset Management LLC now owns 317 shares of the exchange traded fund’s stock worth $35,000 after purchasing an additional 235 shares during the period. Sheets Smith Wealth Management purchased a new position in iShares U.S. Technology ETF during the 3rd quarter worth $35,000. Finally, Coppell Advisory Solutions LLC purchased a new position in iShares U.S. Technology ETF during the 2nd quarter worth $39,000.

iShares U.S. Technology ETF Stock Performance

IYW traded down $0.28 during trading on Friday, hitting $135.06. 1,090,378 shares of the stock were exchanged, compared to its average volume of 856,271. The firm has a 50 day simple moving average of $132.34 and a 200 day simple moving average of $120.11. The firm has a market cap of $13.89 billion, a price-to-earnings ratio of 21.40 and a beta of 1.15. iShares U.S. Technology ETF has a 1 year low of $88.64 and a 1 year 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).