Integrated Capital Management LLC Trims Stake in iShares U.S. Technology ETF (NYSEARCA:IYW)

Integrated Capital Management LLC decreased its position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 86.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 4,231 shares of the exchange traded fund’s stock after selling 26,252 shares during the quarter. Integrated Capital Management LLC’s holdings in iShares U.S. Technology ETF were worth $675,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. International Assets Investment Management LLC increased its position in shares of iShares U.S. Technology ETF by 29,435.7% in the 3rd quarter. International Assets Investment Management LLC now owns 3,190,156 shares of the exchange traded fund’s stock valued at $483,691,000 after acquiring an additional 3,179,355 shares during the period. 1832 Asset Management L.P. raised its holdings in iShares U.S. Technology ETF by 173.9% in the 2nd quarter. 1832 Asset Management L.P. now owns 1,022,598 shares of the exchange traded fund’s stock valued at $153,901,000 after buying an additional 649,192 shares during the period. The Manufacturers Life Insurance Company increased its holdings in iShares U.S. Technology ETF by 4,550.8% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 553,450 shares of the exchange traded fund’s stock valued at $83,914,000 after purchasing an additional 541,550 shares during the last quarter. Hsbc Holdings PLC lifted its position in shares of iShares U.S. Technology ETF by 1,170.2% during the second quarter. Hsbc Holdings PLC now owns 572,587 shares of the exchange traded fund’s stock worth $86,174,000 after purchasing an additional 527,510 shares in the last quarter. Finally, Sanctuary Advisors LLC purchased a new position in iShares U.S. Technology ETF in the 2nd quarter valued at approximately $57,410,000.

iShares U.S. Technology ETF Price Performance

Shares of iShares U.S. Technology ETF stock traded up $2.20 during trading on Friday, hitting $161.75. 300,884 shares of the stock were exchanged, compared to its average volume of 1,075,468. iShares U.S. Technology ETF has a 12-month low of $117.19 and a 12-month high of $166.47. The stock has a market cap of $19.87 billion, a price-to-earnings ratio of 38.84 and a beta of 1.43. The firm’s 50-day moving average price is $160.14 and its 200 day moving average price is $152.74.

iShares U.S. Technology ETF Company Profile

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).