Advisory Alpha LLC Has $1.06 Million Holdings in iShares U.S. Technology ETF (NYSEARCA:IYW)

Advisory Alpha LLC cut its holdings in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 4.4% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 7,877 shares of the exchange traded fund’s stock after selling 364 shares during the quarter. Advisory Alpha LLC’s holdings in iShares U.S. Technology ETF were worth $1,064,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. LVW Advisors LLC raised its stake in shares of iShares U.S. Technology ETF by 0.6% during the 1st quarter. LVW Advisors LLC now owns 13,870 shares of the exchange traded fund’s stock worth $1,873,000 after purchasing an additional 84 shares in the last quarter. Northwest Capital Management Inc raised its stake in shares of iShares U.S. Technology ETF by 2.7% during the 4th quarter. Northwest Capital Management Inc now owns 3,792 shares of the exchange traded fund’s stock worth $465,000 after purchasing an additional 99 shares in the last quarter. TFB Advisors LLC raised its stake in shares of iShares U.S. Technology ETF by 4.8% during the 1st quarter. TFB Advisors LLC now owns 2,265 shares of the exchange traded fund’s stock worth $288,000 after purchasing an additional 103 shares in the last quarter. Financial Perspectives Inc raised its stake in shares of iShares U.S. Technology ETF by 0.9% during the 1st quarter. Financial Perspectives Inc now owns 11,836 shares of the exchange traded fund’s stock worth $1,599,000 after purchasing an additional 106 shares in the last quarter. Finally, Investment Advisory Group LLC raised its stake in shares of iShares U.S. Technology ETF by 1.6% during the 1st quarter. Investment Advisory Group LLC now owns 7,114 shares of the exchange traded fund’s stock worth $961,000 after purchasing an additional 115 shares in the last quarter.

iShares U.S. Technology ETF Stock Up 0.8 %

Shares of IYW traded up $1.20 during midday trading on Friday, reaching $156.05. 110,638 shares of the stock were exchanged, compared to its average volume of 873,503. iShares U.S. Technology ETF has a 12-month low of $100.84 and a 12-month high of $158.97. The firm has a 50 day simple moving average of $145.05 and a 200-day simple moving average of $135.19. The company has a market cap of $19.17 billion, a price-to-earnings 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).