iShares U.S. Technology ETF (NYSEARCA:IYW) Stock Holdings Lowered by Horizon Wealth Management LLC

Horizon Wealth Management LLC trimmed its holdings in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 95.3% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 4,199 shares of the exchange traded fund’s stock after selling 84,318 shares during the period. Horizon Wealth Management LLC’s holdings in iShares U.S. Technology ETF were worth $670,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the business. Accelerate Investment Advisors LLC grew its holdings in shares of iShares U.S. Technology ETF by 18.5% in the 4th quarter. Accelerate Investment Advisors LLC now owns 3,643 shares of the exchange traded fund’s stock worth $581,000 after acquiring an additional 570 shares during the last quarter. Cooper Financial Group boosted its position in shares of iShares U.S. Technology ETF by 9.0% in the 4th quarter. Cooper Financial Group now owns 8,152 shares of the exchange traded fund’s stock valued at $1,300,000 after purchasing an additional 673 shares during the period. Cadent Capital Advisors LLC increased its stake in iShares U.S. Technology ETF by 0.6% in the 4th quarter. Cadent Capital Advisors LLC now owns 52,628 shares of the exchange traded fund’s stock worth $8,395,000 after purchasing an additional 298 shares in the last quarter. EWG Elevate Inc. raised its holdings in iShares U.S. Technology ETF by 24.9% during the 4th quarter. EWG Elevate Inc. now owns 10,690 shares of the exchange traded fund’s stock worth $1,705,000 after buying an additional 2,133 shares during the period. Finally, First Hawaiian Bank lifted its stake in iShares U.S. Technology ETF by 13.3% during the fourth quarter. First Hawaiian Bank now owns 16,888 shares of the exchange traded fund’s stock valued at $2,694,000 after buying an additional 1,985 shares in the last quarter.

iShares U.S. Technology ETF Stock Down 0.8 %

Shares of iShares U.S. Technology ETF stock traded down $1.29 during trading on Monday, hitting $156.56. The stock had a trading volume of 652,265 shares, compared to its average volume of 1,002,681. iShares U.S. Technology ETF has a 1 year low of $121.05 and a 1 year high of $166.47. The stock has a 50 day simple moving average of $160.96 and a 200 day simple moving average of $153.19. The company has a market capitalization of $19.23 billion, a PE ratio of 38.84 and a beta of 1.43.

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).