Schnieders Capital Management LLC reduced its stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW – Free Report) by 28.7% in the fourth quarter, Holdings Channel reports. The fund owned 4,470 shares of the exchange traded fund’s stock after selling 1,800 shares during the quarter. Schnieders Capital Management LLC’s holdings in iShares U.S. Technology ETF were worth $713,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors and hedge funds have also recently modified their holdings of the company. Phillips Financial Management LLC boosted its holdings in iShares U.S. Technology ETF by 1,545.5% in the 3rd quarter. Phillips Financial Management LLC now owns 181 shares of the exchange traded fund’s stock worth $27,000 after buying an additional 170 shares during the period. Brooklyn Investment Group boosted its holdings in iShares U.S. Technology ETF by 84.3% in the 4th quarter. Brooklyn Investment Group now owns 199 shares of the exchange traded fund’s stock worth $32,000 after buying an additional 91 shares during the period. Avion Wealth bought a new position in iShares U.S. Technology ETF in the 4th quarter worth approximately $47,000. Activest Wealth Management bought a new position in iShares U.S. Technology ETF in the 3rd quarter worth approximately $52,000. Finally, Kestra Investment Management LLC bought a new position in iShares U.S. Technology ETF in the 4th quarter worth approximately $53,000.
iShares U.S. Technology ETF Trading Up 0.9 %
IYW opened at $157.93 on Thursday. The company has a 50 day moving average of $161.71 and a 200 day moving average of $156.27. iShares U.S. Technology ETF has a 12 month low of $124.32 and a 12 month high of $167.30. The company has a market cap of $19.84 billion, a PE ratio of 35.73 and a beta of 1.14.
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).
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Want to see what other hedge funds are holding IYW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares U.S. Technology ETF (NYSEARCA:IYW – Free Report).
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