Patten & Patten Inc. TN Has $1.27 Million Position in iShares U.S. Technology ETF (NYSEARCA:IYW)

Patten & Patten Inc. TN cut its holdings in iShares U.S. Technology ETF (NYSEARCA:IYWFree Report) by 1.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 10,330 shares of the exchange traded fund’s stock after selling 200 shares during the quarter. Patten & Patten Inc. TN’s holdings in iShares U.S. Technology ETF were worth $1,268,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the business. Private Ocean LLC acquired a new position in shares of iShares U.S. Technology ETF during the 4th quarter worth about $298,000. Drive Wealth Management LLC acquired a new position in iShares U.S. Technology ETF during the fourth quarter valued at approximately $434,000. Pinnacle Financial Partners Inc bought a new stake in iShares U.S. Technology ETF in the fourth quarter valued at approximately $392,000. Prio Wealth Limited Partnership raised its holdings in iShares U.S. Technology ETF by 2.8% in the fourth quarter. Prio Wealth Limited Partnership now owns 7,335 shares of the exchange traded fund’s stock worth $900,000 after purchasing an additional 200 shares during the period. Finally, JB Capital LLC raised its holdings in iShares U.S. Technology ETF by 46.7% in the fourth quarter. JB Capital LLC now owns 270,181 shares of the exchange traded fund’s stock worth $33,165,000 after purchasing an additional 86,031 shares during the period.

iShares U.S. Technology ETF Stock Down 0.8 %

Shares of IYW stock opened at $134.49 on Wednesday. iShares U.S. Technology ETF has a 12-month low of $88.64 and a 12-month high of $137.54. The firm has a fifty day moving average of $132.73 and a 200-day moving average of $120.80. The firm has a market capitalization of $13.83 billion, a price-to-earnings ratio of 21.40 and a beta of 1.15.

About iShares U.S. Technology ETF

(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).

Further Reading

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

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