Private Trust Co. NA Sells 1,176 Shares of iShares U.S. Technology ETF (NYSEARCA:IYW)

Private Trust Co. NA cut its holdings in iShares U.S. Technology ETF (NYSEARCA:IYW) by 7.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 15,082 shares of the exchange traded fund’s stock after selling 1,176 shares during the period. Private Trust Co. NA’s holdings in iShares U.S. Technology ETF were worth $2,406,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. FMR LLC increased its stake in iShares U.S. Technology ETF by 11.0% during the third quarter. FMR LLC now owns 62,648 shares of the exchange traded fund’s stock worth $9,499,000 after acquiring an additional 6,225 shares during the last quarter. Natixis Advisors LLC increased its position in shares of iShares U.S. Technology ETF by 28.1% during the 3rd quarter. Natixis Advisors LLC now owns 16,136 shares of the exchange traded fund’s stock valued at $2,447,000 after purchasing an additional 3,539 shares during the last quarter. Great Valley Advisor Group Inc. raised its holdings in iShares U.S. Technology ETF by 1.9% during the 3rd quarter. Great Valley Advisor Group Inc. now owns 3,963 shares of the exchange traded fund’s stock valued at $600,000 after buying an additional 73 shares during the period. Brown Brothers Harriman & Co. lifted its position in iShares U.S. Technology ETF by 81.7% in the third quarter. Brown Brothers Harriman & Co. now owns 545 shares of the exchange traded fund’s stock worth $83,000 after buying an additional 245 shares during the last quarter. Finally, Citigroup Inc. lifted its position in iShares U.S. Technology ETF by 84.1% in the third quarter. Citigroup Inc. now owns 49,610 shares of the exchange traded fund’s stock worth $7,522,000 after buying an additional 22,667 shares during the last quarter.

iShares U.S. Technology ETF Stock Down 3.6 %

IYW stock opened at $152.18 on Friday. iShares U.S. Technology ETF has a twelve month low of $124.32 and a twelve month high of $167.30. The stock has a market capitalization of $19.11 billion, a price-to-earnings ratio of 35.73 and a beta of 1.14. The firm’s fifty day simple moving average is $161.56 and its two-hundred day simple moving average is $156.24.

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).