Affiance Financial LLC Trims Position in iShares U.S. Technology ETF (NYSEARCA:IYW)

Affiance Financial LLC lowered its holdings in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 11.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 4,767 shares of the exchange traded fund’s stock after selling 629 shares during the quarter. Affiance Financial LLC’s holdings in iShares U.S. Technology ETF were worth $760,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Phillips Financial Management LLC raised its stake in iShares U.S. Technology ETF by 1,545.5% during the third quarter. Phillips Financial Management LLC now owns 181 shares of the exchange traded fund’s stock worth $27,000 after purchasing an additional 170 shares during the period. Brooklyn Investment Group lifted its stake in iShares U.S. Technology ETF by 84.3% in the fourth quarter. Brooklyn Investment Group now owns 199 shares of the exchange traded fund’s stock worth $32,000 after acquiring an additional 91 shares during the last quarter. Activest Wealth Management purchased a new position in iShares U.S. Technology ETF in the third quarter valued at $52,000. Legacy Investment Solutions LLC acquired a new stake in shares of iShares U.S. Technology ETF during the 3rd quarter worth about $63,000. Finally, PSI Advisors LLC lifted its position in shares of iShares U.S. Technology ETF by 36.2% during the 4th quarter. PSI Advisors LLC now owns 463 shares of the exchange traded fund’s stock worth $74,000 after buying an additional 123 shares during the last quarter.

iShares U.S. Technology ETF Stock Performance

IYW opened at $164.69 on Friday. The business’s 50-day simple moving average is $161.61 and its 200-day simple moving average is $153.71. iShares U.S. Technology ETF has a one year low of $124.32 and a one year high of $166.83. The stock has a market capitalization of $20.23 billion, a P/E ratio of 38.84 and a beta of 1.43.

iShares U.S. Technology ETF 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).