Wealth Enhancement Advisory Services LLC Has $20.12 Million Holdings in iShares U.S. Technology ETF (NYSEARCA:IYW)

Wealth Enhancement Advisory Services LLC boosted its position in iShares U.S. Technology ETF (NYSEARCA:IYW) by 12.4% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 143,291 shares of the exchange traded fund’s stock after buying an additional 15,785 shares during the period. Wealth Enhancement Advisory Services LLC owned approximately 0.11% of iShares U.S. Technology ETF worth $20,124,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of IYW. Strategic Equity Management lifted its holdings in iShares U.S. Technology ETF by 9.9% in the fourth quarter. Strategic Equity Management now owns 15,650 shares of the exchange traded fund’s stock valued at $2,497,000 after buying an additional 1,408 shares during the period. Kestra Investment Management LLC acquired a new position in iShares U.S. Technology ETF in the fourth quarter valued at $53,000. Variant Private Wealth LLC acquired a new position in iShares U.S. Technology ETF in the fourth quarter valued at $6,508,000. Navellier & Associates Inc. lifted its holdings in iShares U.S. Technology ETF by 57.7% in the fourth quarter. Navellier & Associates Inc. now owns 12,736 shares of the exchange traded fund’s stock valued at $2,032,000 after buying an additional 4,661 shares during the period. Finally, Element Wealth LLC lifted its holdings in iShares U.S. Technology ETF by 63.4% in the fourth quarter. Element Wealth LLC now owns 451 shares of the exchange traded fund’s stock valued at $72,000 after buying an additional 175 shares during the period.

iShares U.S. Technology ETF Stock Down 0.6%

IYW stock opened at $164.11 on Friday. The firm has a market cap of $20.15 billion, a price-to-earnings ratio of 35.28 and a beta of 1.23. iShares U.S. Technology ETF has a 12-month low of $117.55 and a 12-month high of $167.30. The company’s fifty day simple moving average is $152.60 and its 200 day simple moving average is $154.09.

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).