Safeguard Financial LLC Buys New Holdings in iShares U.S. Technology ETF (NYSEARCA:IYW)

Safeguard Financial LLC bought a new stake in iShares U.S. Technology ETF (NYSEARCA:IYW) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 3,599 shares of the exchange traded fund’s stock, valued at approximately $506,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Barclays PLC boosted its stake in iShares U.S. Technology ETF by 192.7% during the 3rd quarter. Barclays PLC now owns 15,437 shares of the exchange traded fund’s stock valued at $2,340,000 after purchasing an additional 10,163 shares during the last quarter. Strategic Equity Management boosted its stake in iShares U.S. Technology ETF by 9.9% during the 4th quarter. Strategic Equity Management now owns 15,650 shares of the exchange traded fund’s stock valued at $2,497,000 after purchasing an additional 1,408 shares during the last quarter. DAVENPORT & Co LLC boosted its stake in iShares U.S. Technology ETF by 2.4% during the 4th quarter. DAVENPORT & Co LLC now owns 9,204 shares of the exchange traded fund’s stock valued at $1,468,000 after purchasing an additional 213 shares during the last quarter. Stratos Wealth Advisors LLC boosted its stake in iShares U.S. Technology ETF by 5.5% during the 4th quarter. Stratos Wealth Advisors LLC now owns 21,198 shares of the exchange traded fund’s stock valued at $3,382,000 after purchasing an additional 1,107 shares during the last quarter. Finally, Stratos Investment Management LLC boosted its stake in iShares U.S. Technology ETF by 79.1% during the 4th quarter. Stratos Investment Management LLC now owns 4,690 shares of the exchange traded fund’s stock valued at $748,000 after purchasing an additional 2,072 shares during the last quarter.

iShares U.S. Technology ETF Stock Performance

IYW stock opened at $161.81 on Friday. The company has a market capitalization of $19.87 billion, a P/E ratio of 35.28 and a beta of 1.23. iShares U.S. Technology ETF has a 52-week low of $117.55 and a 52-week high of $167.30. The business has a 50-day simple moving average of $145.57 and a two-hundred day simple moving average of $153.76.

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).