4,100 Shares in iShares U.S. Technology ETF (NYSEARCA:IYW) Acquired by Wetzel Investment Advisors Inc.

Wetzel Investment Advisors Inc. acquired a new position in iShares U.S. Technology ETF (NYSEARCA:IYW) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 4,100 shares of the exchange traded fund’s stock, valued at approximately $503,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. International Assets Investment Management LLC lifted its position in iShares U.S. Technology ETF by 13,488.1% in the 4th quarter. International Assets Investment Management LLC now owns 1,145,345 shares of the exchange traded fund’s stock worth $140,591,000 after buying an additional 1,136,916 shares in the last quarter. Morgan Stanley raised its holdings in shares of iShares U.S. Technology ETF by 22.7% during the 4th quarter. Morgan Stanley now owns 5,989,447 shares of the exchange traded fund’s stock valued at $446,154,000 after purchasing an additional 1,109,984 shares in the last quarter. Envestnet Portfolio Solutions Inc. bought a new position in shares of iShares U.S. Technology ETF during the 3rd quarter valued at $90,722,000. BlackRock Inc. raised its holdings in shares of iShares U.S. Technology ETF by 43.8% during the 1st quarter. BlackRock Inc. now owns 2,587,110 shares of the exchange traded fund’s stock valued at $240,110,000 after purchasing an additional 788,079 shares in the last quarter. Finally, The Manufacturers Life Insurance Company raised its holdings in shares of iShares U.S. Technology ETF by 3,606.9% during the 3rd 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.

iShares U.S. Technology ETF Stock Performance

Shares of iShares U.S. Technology ETF stock traded down $3.65 during midday trading on Friday, reaching $124.76. 2,094,362 shares of the company’s stock traded hands, compared to its average volume of 879,499. The company has a market cap of $15.22 billion, a price-to-earnings ratio of 40.59 and a beta of 1.39. The company’s 50 day simple moving average is $133.22 and its 200 day simple moving average is $122.99. iShares U.S. Technology ETF has a 52 week low of $88.64 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).