Raleigh Capital Management Inc. Sells 908 Shares of iShares U.S. Technology ETF (NYSEARCA:IYW)

Raleigh Capital Management Inc. trimmed its position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 16.7% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 4,538 shares of the exchange traded fund’s stock after selling 908 shares during the quarter. Raleigh Capital Management Inc.’s holdings in iShares U.S. Technology ETF were worth $688,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Whittier Trust Co. of Nevada Inc. purchased a new stake in iShares U.S. Technology ETF in the third quarter worth about $109,000. Genesee Capital Advisors LLC lifted its position in iShares U.S. Technology ETF by 21.4% during the third quarter. Genesee Capital Advisors LLC now owns 7,347 shares of the exchange traded fund’s stock valued at $1,114,000 after purchasing an additional 1,295 shares during the period. Marino Stram & Associates LLC lifted its position in iShares U.S. Technology ETF by 3.7% during the third quarter. Marino Stram & Associates LLC now owns 1,902 shares of the exchange traded fund’s stock valued at $288,000 after purchasing an additional 67 shares during the period. Triad Wealth Partners LLC raised its position in iShares U.S. Technology ETF by 11,843.4% in the third quarter. Triad Wealth Partners LLC now owns 12,660 shares of the exchange traded fund’s stock worth $1,920,000 after acquiring an additional 12,554 shares during the period. Finally, Midwest Heritage Bank FSB raised its position in iShares U.S. Technology ETF by 11.7% in the third quarter. Midwest Heritage Bank FSB now owns 2,585 shares of the exchange traded fund’s stock worth $392,000 after acquiring an additional 271 shares during the period.

iShares U.S. Technology ETF Price Performance

Shares of NYSEARCA IYW opened at $156.24 on Tuesday. The firm has a fifty day moving average price of $148.68 and a 200-day moving average price of $144.20. The stock has a market cap of $19.19 billion, a PE ratio of 38.84 and a beta of 1.43. iShares U.S. Technology ETF has a 1 year low of $100.84 and a 1 year high of $158.97.

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).