World Investment Advisors Raises Stock Holdings in iShares U.S. Technology ETF $IYW

World Investment Advisors boosted its position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 84.3% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 14,127 shares of the exchange traded fund’s stock after acquiring an additional 6,461 shares during the quarter. World Investment Advisors’ holdings in iShares U.S. Technology ETF were worth $2,821,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in IYW. Monetary Solutions Ltd acquired a new stake in shares of iShares U.S. Technology ETF during the fourth quarter worth about $26,000. Sankala Group LLC purchased a new stake in iShares U.S. Technology ETF in the fourth quarter valued at approximately $26,000. Triumph Capital Management purchased a new stake in iShares U.S. Technology ETF in the third quarter valued at approximately $28,000. Miller Capital Partners Inc. acquired a new position in iShares U.S. Technology ETF in the 4th quarter worth approximately $28,000. Finally, Kingdom Financial Group LLC. acquired a new position in iShares U.S. Technology ETF in the 4th quarter worth approximately $32,000. Hedge funds and other institutional investors own 57.65% of the company’s stock.

iShares U.S. Technology ETF Stock Performance

IYW opened at $253.57 on Friday. iShares U.S. Technology ETF has a 12-month low of $162.98 and a 12-month high of $261.01. The firm has a market capitalization of $24.94 billion, a PE ratio of 34.95 and a beta of 1.36. The firm has a 50 day moving average of $232.73 and a two-hundred day moving average of $208.07.

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). The Index measures the performance of the technology sector of the United States equity market, and includes companies in the industry groups, such as software and computer services and technology hardware and equipment.