Sequoia Financial Advisors LLC Purchases 1,255 Shares of iShares U.S. Technology ETF (NYSEARCA:IYW)

Sequoia Financial Advisors LLC grew its position in iShares U.S. Technology ETF (NYSEARCA:IYW) by 36.7% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 4,674 shares of the exchange traded fund’s stock after buying an additional 1,255 shares during the period. Sequoia Financial Advisors LLC’s holdings in iShares U.S. Technology ETF were worth $746,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. FMR LLC boosted its stake in iShares U.S. Technology ETF by 11.0% in the 3rd quarter. FMR LLC now owns 62,648 shares of the exchange traded fund’s stock worth $9,499,000 after purchasing an additional 6,225 shares in the last quarter. Natixis Advisors LLC boosted its stake in iShares U.S. Technology ETF by 28.1% in the 3rd quarter. Natixis Advisors LLC now owns 16,136 shares of the exchange traded fund’s stock worth $2,447,000 after purchasing an additional 3,539 shares in the last quarter. Great Valley Advisor Group Inc. boosted its stake in iShares U.S. Technology ETF by 1.9% in the 3rd quarter. Great Valley Advisor Group Inc. now owns 3,963 shares of the exchange traded fund’s stock worth $600,000 after purchasing an additional 73 shares in the last quarter. Brown Brothers Harriman & Co. boosted its stake in iShares U.S. Technology ETF by 81.7% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 545 shares of the exchange traded fund’s stock worth $83,000 after purchasing an additional 245 shares in the last quarter. Finally, Citigroup Inc. boosted its stake in iShares U.S. Technology ETF by 84.1% in the 3rd quarter. Citigroup Inc. now owns 49,610 shares of the exchange traded fund’s stock worth $7,522,000 after purchasing an additional 22,667 shares in the last quarter.

iShares U.S. Technology ETF Stock Up 3.1 %

IYW stock opened at $146.03 on Monday. The firm has a 50 day moving average of $158.23 and a 200 day moving average of $156.38. The stock has a market capitalization of $18.22 billion, a PE ratio of 33.00 and a beta of 1.16. iShares U.S. Technology ETF has a 52 week low of $124.32 and a 52 week high of $167.30.

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).