Lido Advisors LLC Acquires 6,926 Shares of iShares U.S. Technology ETF $IYW

Lido Advisors LLC boosted its holdings in iShares U.S. Technology ETF (NYSEARCA:IYW) by 12.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 61,361 shares of the exchange traded fund’s stock after buying an additional 6,926 shares during the quarter. Lido Advisors LLC owned approximately 0.06% of iShares U.S. Technology ETF worth $12,053,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Principal Financial Group Inc. increased its stake in iShares U.S. Technology ETF by 99.1% during the third quarter. Principal Financial Group Inc. now owns 107,427 shares of the exchange traded fund’s stock worth $21,041,000 after purchasing an additional 53,466 shares during the period. Compound Planning Inc. increased its stake in iShares U.S. Technology ETF by 10.7% during the third quarter. Compound Planning Inc. now owns 135,021 shares of the exchange traded fund’s stock worth $26,445,000 after purchasing an additional 13,045 shares during the period. Clear Creek Financial Management LLC increased its stake in iShares U.S. Technology ETF by 32.2% during the third quarter. Clear Creek Financial Management LLC now owns 11,842 shares of the exchange traded fund’s stock worth $2,319,000 after purchasing an additional 2,882 shares during the period. Bartlett & CO. Wealth Management LLC increased its stake in iShares U.S. Technology ETF by 20.6% during the fourth quarter. Bartlett & CO. Wealth Management LLC now owns 42,286 shares of the exchange traded fund’s stock worth $8,444,000 after purchasing an additional 7,217 shares during the period. Finally, ASL Financial LLC purchased a new stake in iShares U.S. Technology ETF during the fourth quarter worth about $718,000. Institutional investors own 57.65% of the company’s stock.

iShares U.S. Technology ETF Price Performance

Shares of NYSEARCA:IYW opened at $241.25 on Friday. The firm has a market capitalization of $23.73 billion, a PE ratio of 34.95 and a beta of 1.36. The firm’s 50-day moving average is $220.09 and its two-hundred day moving average is $204.45. iShares U.S. Technology ETF has a 1 year low of $162.80 and a 1 year high of $261.01.

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). 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.