10,555 Shares in iShares U.S. Technology ETF (NYSEARCA:IYW) Purchased by Ridgeline Wealth LLC

Ridgeline Wealth LLC purchased a new stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 10,555 shares of the exchange traded fund’s stock, valued at approximately $1,684,000. iShares U.S. Technology ETF comprises about 1.4% of Ridgeline Wealth LLC’s investment portfolio, making the stock its 14th largest position.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in IYW. Advance Capital Management Inc. raised its stake in shares of iShares U.S. Technology ETF by 6.5% in the fourth quarter. Advance Capital Management Inc. now owns 4,137 shares of the exchange traded fund’s stock valued at $660,000 after acquiring an additional 254 shares during the last quarter. CWA Asset Management Group LLC raised its position in iShares U.S. Technology ETF by 6.6% in the 4th quarter. CWA Asset Management Group LLC now owns 5,680 shares of the exchange traded fund’s stock valued at $906,000 after purchasing an additional 352 shares during the last quarter. Central Pacific Bank Trust Division boosted its stake in iShares U.S. Technology ETF by 10.2% in the fourth quarter. Central Pacific Bank Trust Division now owns 27,972 shares of the exchange traded fund’s stock worth $4,462,000 after purchasing an additional 2,590 shares in the last quarter. GAMMA Investing LLC grew its holdings in shares of iShares U.S. Technology ETF by 13.3% during the fourth quarter. GAMMA Investing LLC now owns 2,174 shares of the exchange traded fund’s stock worth $347,000 after purchasing an additional 255 shares during the last quarter. Finally, Wilmington Savings Fund Society FSB acquired a new stake in shares of iShares U.S. Technology ETF in the third quarter valued at $196,000.

iShares U.S. Technology ETF Trading Up 1.5 %

Shares of iShares U.S. Technology ETF stock traded up $2.50 during trading on Monday, reaching $164.87. The company’s stock had a trading volume of 628,363 shares, compared to its average volume of 1,107,544. iShares U.S. Technology ETF has a one year low of $118.25 and a one year high of $166.47. The stock has a 50-day moving average price of $160.28 and a two-hundred day moving average price of $152.80. The stock has a market capitalization of $20.25 billion, a P/E ratio of 38.84 and a beta of 1.43.

iShares U.S. Technology ETF Company 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).