Kingswood Wealth Advisors LLC Has $2.45 Million Stock Holdings in iShares U.S. Technology ETF (NYSEARCA:IYW)

Kingswood Wealth Advisors LLC increased its stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 6.4% during the 4th quarter, Holdings Channel.com reports. The firm owned 15,368 shares of the exchange traded fund’s stock after acquiring an additional 921 shares during the quarter. Kingswood Wealth Advisors LLC’s holdings in iShares U.S. Technology ETF were worth $2,452,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the stock. Phillips Financial Management LLC increased its stake in shares of iShares U.S. Technology ETF by 1,545.5% during the 3rd quarter. Phillips Financial Management LLC now owns 181 shares of the exchange traded fund’s stock worth $27,000 after purchasing an additional 170 shares during the last quarter. Brooklyn Investment Group raised its position in shares of iShares U.S. Technology ETF by 84.3% in the 4th quarter. Brooklyn Investment Group now owns 199 shares of the exchange traded fund’s stock valued at $32,000 after buying an additional 91 shares in the last quarter. Activest Wealth Management acquired a new position in iShares U.S. Technology ETF in the 3rd quarter valued at approximately $52,000. Legacy Investment Solutions LLC acquired a new position in iShares U.S. Technology ETF in the 3rd quarter valued at approximately $63,000. Finally, PSI Advisors LLC boosted its stake in shares of iShares U.S. Technology ETF by 36.2% in the 4th quarter. PSI Advisors LLC now owns 463 shares of the exchange traded fund’s stock valued at $74,000 after purchasing an additional 123 shares during the last quarter.

iShares U.S. Technology ETF Stock Down 0.9 %

Shares of NYSEARCA IYW opened at $164.69 on Monday. The company’s fifty day simple moving average is $161.61 and its 200 day simple moving average is $153.68. The firm has a market cap of $20.23 billion, a PE ratio of 38.84 and a beta of 1.43. iShares U.S. Technology ETF has a 12-month low of $124.32 and a 12-month high of $166.83.

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).