WCG Wealth Advisors LLC Increases Position in iShares U.S. Technology ETF $IYW

WCG Wealth Advisors LLC increased its stake in iShares U.S. Technology ETF (NYSEARCA:IYW) by 85.6% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 88,669 shares of the exchange traded fund’s stock after purchasing an additional 40,903 shares during the quarter. WCG Wealth Advisors LLC owned 0.08% of iShares U.S. Technology ETF worth $17,705,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the stock. CWA Asset Management Group LLC increased its holdings in shares of iShares U.S. Technology ETF by 0.7% in the 4th quarter. CWA Asset Management Group LLC now owns 6,955 shares of the exchange traded fund’s stock valued at $1,389,000 after purchasing an additional 50 shares in the last quarter. Tiller Private Wealth Inc. increased its holdings in shares of iShares U.S. Technology ETF by 3.2% in the 4th quarter. Tiller Private Wealth Inc. now owns 1,953 shares of the exchange traded fund’s stock valued at $390,000 after purchasing an additional 60 shares in the last quarter. Center For Asset Management LLC increased its holdings in shares of iShares U.S. Technology ETF by 3.7% in the 4th quarter. Center For Asset Management LLC now owns 1,669 shares of the exchange traded fund’s stock valued at $333,000 after purchasing an additional 60 shares in the last quarter. Quadrant Private Wealth Management LLC increased its holdings in shares of iShares U.S. Technology ETF by 0.7% in the 4th quarter. Quadrant Private Wealth Management LLC now owns 8,531 shares of the exchange traded fund’s stock valued at $1,703,000 after purchasing an additional 60 shares in the last quarter. Finally, Americana Partners LLC increased its holdings in shares of iShares U.S. Technology ETF by 3.0% in the 4th quarter. Americana Partners LLC now owns 2,111 shares of the exchange traded fund’s stock valued at $422,000 after purchasing an additional 62 shares in the last quarter. Hedge funds and other institutional investors own 57.65% of the company’s stock.

iShares U.S. Technology ETF Stock Down 0.9%

Shares of IYW opened at $257.56 on Thursday. The company has a 50-day simple moving average of $217.55 and a 200-day simple moving average of $203.79. The company has a market capitalization of $25.33 billion, a PE ratio of 34.95 and a beta of 1.33. iShares U.S. Technology ETF has a 52-week low of $161.13 and a 52-week high of $261.01.

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). The Index measures the performance of the technology sector of the United States equity market, and includes companies in the industry groups, such as software and computer services and technology hardware and equipment.