WCG Wealth Advisors LLC's Major Acquisition of iShares U.S. Technology ETF Shares

WCG Wealth Advisors LLC has notably increased its investment in the iShares U.S. Technology ETF, with a purchase of 18,020 additional shares. This move, executed in the third quarter, expanded their holdings by 64.3%, bringing the total share count to 46,053. The investment firm's portfolio, enriched by the acquisition, was valued at around $4.8 million at quarter's end.

Investment Trends in iShares U.S. Technology ETF

Further activity in the iShares U.S. Technology ETF was seen among other investors. Mutual Advisors LLC modestly raised its stake by 2.0% to own 43,594 shares. Conversely, Atria Wealth Solutions Inc. made a more aggressive push, ramping up their share count by 36.1%, which translated to a new total of 190,857 shares. In a similar vein, First Horizon Advisors Inc. dramatically pumped up their investment by 178.7%, advancing to a hold of 79,016 shares. Scarborough Advisors LLC wasn't left out, showing a significant interest increase of 14.7%. Moreover, a newcomer, Human Investing LLC, made its entry into iShares U.S. Technology ETF during the same timeframe, representing a yet undisclosed but promising new stake.

Market Performance of iShares U.S. Technology ETF

The market prices have fluctuated for the iShares U.S. Technology ETF. On a recent trading day, the ETF's shares dipped by $0.55 to settle at $132.16. The ETF has seen its fair share of highs and lows, with a one-year range between $81.54 and $134.99. As for market stature, the fund boasts a capitalization of $13.59 billion, a P/E ratio standing at 21.40, and maintains a beta of 1.15. Tracking averages, the ETF hovers around a fifty-day moving average of $124.83, with a two-hundred day average of $114.82.

About iShares U.S. Technology ETF

The iShares U.S. Technology ETF is a non-diversified fund previously known as the iShares Dow Jones U.S. Technology Sector Index Fund. It strives to mirror the performance of the Dow Jones U.S. Technology Index, balancing results in relation to price and yield performance, adjusted for fees and expenses.

Wealth, Technology, Investment