iShares U.S. Technology ETF (NYSEARCA:IYW) Shares Acquired by Verger Capital Management LLC

Verger Capital Management LLC lifted its stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 4.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,729 shares of the exchange traded fund’s stock after buying an additional 244 shares during the quarter. iShares U.S. Technology ETF makes up about 0.4% of Verger Capital Management LLC’s investment portfolio, making the stock its 13th largest holding. Verger Capital Management LLC’s holdings in iShares U.S. Technology ETF were worth $703,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also made changes to their positions in IYW. BlackRock Inc. grew its position in shares of iShares U.S. Technology ETF by 3,385.0% during the first quarter. BlackRock Inc. now owns 22,513 shares of the exchange traded fund’s stock worth $2,320,000 after buying an additional 21,867 shares in the last quarter. Blair William & Co. IL lifted its stake in iShares U.S. Technology ETF by 3.7% during the first quarter. Blair William & Co. IL now owns 27,457 shares of the exchange traded fund’s stock worth $2,829,000 after purchasing an additional 990 shares during the last quarter. Sequoia Financial Advisors LLC lifted its stake in iShares U.S. Technology ETF by 4.6% during the first quarter. Sequoia Financial Advisors LLC now owns 5,659 shares of the exchange traded fund’s stock worth $583,000 after purchasing an additional 247 shares during the last quarter. First Western Trust Bank bought a new position in iShares U.S. Technology ETF during the first quarter worth $702,000. Finally, Equitable Holdings Inc. lifted its stake in iShares U.S. Technology ETF by 3.3% during the first quarter. Equitable Holdings Inc. now owns 8,207 shares of the exchange traded fund’s stock worth $846,000 after purchasing an additional 266 shares during the last quarter.

iShares U.S. Technology ETF Price Performance

IYW traded up $0.24 during trading hours on Tuesday, hitting $131.38. 838,775 shares of the stock were exchanged, compared to its average volume of 844,701. The stock has a 50-day simple moving average of $133.55 and a 200-day simple moving average of $122.78. iShares U.S. Technology ETF has a 12 month low of $88.64 and a 12 month high of $137.54. The stock has a market cap of $16.03 billion, a price-to-earnings ratio of 40.59 and a beta of 1.39.

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).