Parsons Capital Management Inc. RI Has $2.24 Million Stock Position in iShares U.S. Technology ETF (NYSEARCA:IYW)

Parsons Capital Management Inc. RI reduced its position in iShares U.S. Technology ETF (NYSEARCA:IYWFree Report) by 0.5% in the 4th quarter, HoldingsChannel reports. The firm owned 18,277 shares of the exchange traded fund’s stock after selling 100 shares during the period. Parsons Capital Management Inc. RI’s holdings in iShares U.S. Technology ETF were worth $2,244,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. Financial Gravity Asset Management Inc. lifted its position in iShares U.S. Technology ETF by 987.0% during the third quarter. Financial Gravity Asset Management Inc. now owns 310,777 shares of the exchange traded fund’s stock worth $32,607,000 after acquiring an additional 282,186 shares during the last quarter. Occidental Asset Management LLC lifted its position in iShares U.S. Technology ETF by 3.2% during the fourth quarter. Occidental Asset Management LLC now owns 5,709 shares of the exchange traded fund’s stock worth $701,000 after acquiring an additional 178 shares during the last quarter. West Wealth Group LLC lifted its position in iShares U.S. Technology ETF by 27.5% during the fourth quarter. West Wealth Group LLC now owns 64,329 shares of the exchange traded fund’s stock worth $7,896,000 after acquiring an additional 13,881 shares during the last quarter. Day & Ennis LLC increased its holdings in shares of iShares U.S. Technology ETF by 10.7% during the fourth quarter. Day & Ennis LLC now owns 43,020 shares of the exchange traded fund’s stock worth $5,281,000 after purchasing an additional 4,159 shares during the period. Finally, CoreCap Advisors LLC increased its holdings in shares of iShares U.S. Technology ETF by 3.8% during the fourth quarter. CoreCap Advisors LLC now owns 23,025 shares of the exchange traded fund’s stock worth $2,826,000 after purchasing an additional 848 shares during the period.

iShares U.S. Technology ETF Stock Down 1.5 %

Shares of IYW traded down $1.99 during mid-day trading on Tuesday, hitting $133.56. 136,355 shares of the company’s stock were exchanged, compared to its average volume of 845,708. iShares U.S. Technology ETF has a 52 week low of $88.64 and a 52 week high of $137.54. The stock’s 50-day simple moving average is $132.63 and its 200-day simple moving average is $120.61. The firm has a market cap of $13.74 billion, a price-to-earnings ratio of 21.40 and a beta of 1.15.

iShares U.S. Technology ETF Company Profile

(Free Report)

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).

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Institutional Ownership by Quarter for iShares U.S. Technology ETF (NYSEARCA:IYW)

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