Bailard Inc. Makes New Investment in iShares U.S. Technology ETF (NYSEARCA:IYW)

Bailard Inc. purchased a new stake in iShares U.S. Technology ETF (NYSEARCA:IYW) in the fourth quarter, Holdings Channel.com reports. The fund purchased 1,756 shares of the exchange traded fund’s stock, valued at approximately $216,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Nicolet Advisory Services LLC boosted its position in iShares U.S. Technology ETF by 3.2% during the third quarter. Nicolet Advisory Services LLC now owns 2,919 shares of the exchange traded fund’s stock worth $308,000 after purchasing an additional 91 shares in the last quarter. Northwest Capital Management Inc boosted its position in shares of iShares U.S. Technology ETF by 2.7% in the 4th quarter. Northwest Capital Management Inc now owns 3,792 shares of the exchange traded fund’s stock worth $465,000 after buying an additional 99 shares in the last quarter. Eudaimonia Partners LLC grew its stake in iShares U.S. Technology ETF by 1.4% in the 3rd quarter. Eudaimonia Partners LLC now owns 9,081 shares of the exchange traded fund’s stock valued at $953,000 after acquiring an additional 126 shares during the last quarter. Kanawha Capital Management LLC increased its holdings in iShares U.S. Technology ETF by 4.8% during the 3rd quarter. Kanawha Capital Management LLC now owns 3,512 shares of the exchange traded fund’s stock valued at $369,000 after acquiring an additional 161 shares in the last quarter. Finally, Park Place Capital Corp increased its holdings in iShares U.S. Technology ETF by 51.4% during the 4th quarter. Park Place Capital Corp now owns 477 shares of the exchange traded fund’s stock valued at $59,000 after acquiring an additional 162 shares in the last quarter.

iShares U.S. Technology ETF Trading Up 0.1 %

Shares of IYW opened at $131.04 on Tuesday. The company has a 50-day moving average of $132.87 and a two-hundred day moving average of $124.11. The stock has a market cap of $15.99 billion, a P/E ratio of 40.59 and a beta of 1.39. iShares U.S. Technology ETF has a 12-month low of $90.76 and a 12-month high of $137.54.

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).