Captrust Financial Advisors Sells 12,837 Shares of iShares U.S. Technology ETF (NYSEARCA:IYW)

Captrust Financial Advisors reduced its stake in iShares U.S. Technology ETF (NYSEARCA:IYW) by 3.1% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 401,084 shares of the exchange traded fund’s stock after selling 12,837 shares during the quarter. Captrust Financial Advisors owned 0.33% of iShares U.S. Technology ETF worth $54,170,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Envestnet Asset Management Inc. increased its stake in iShares U.S. Technology ETF by 38.6% in the 4th quarter. Envestnet Asset Management Inc. now owns 10,523,831 shares of the exchange traded fund’s stock valued at $1,291,800,000 after buying an additional 2,928,731 shares during the last quarter. International Assets Investment Management LLC increased its stake in iShares U.S. Technology ETF by 13,488.1% in the 4th quarter. International Assets Investment Management LLC now owns 1,145,345 shares of the exchange traded fund’s stock valued at $140,591,000 after buying an additional 1,136,916 shares during the last quarter. Janney Montgomery Scott LLC acquired a new stake in iShares U.S. Technology ETF in the 4th quarter valued at $81,091,000. Envestnet Portfolio Solutions Inc. increased its stake in iShares U.S. Technology ETF by 45.5% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 1,257,759 shares of the exchange traded fund’s stock valued at $154,390,000 after buying an additional 393,079 shares during the last quarter. Finally, 1832 Asset Management L.P. increased its stake in iShares U.S. Technology ETF by 6,689.2% in the 1st quarter. 1832 Asset Management L.P. now owns 373,406 shares of the exchange traded fund’s stock valued at $50,432,000 after buying an additional 367,906 shares during the last quarter.

iShares U.S. Technology ETF Price Performance

IYW stock traded down $3.50 during midday trading on Tuesday, hitting $140.64. The company’s stock had a trading volume of 514,156 shares, compared to its average volume of 869,858. The stock has a market capitalization of $17.28 billion, a P/E ratio of 38.84 and a beta of 1.43. The company’s fifty day moving average price is $148.42 and its 200 day moving average price is $137.77. iShares U.S. Technology ETF has a twelve month low of $100.84 and a twelve month high of $158.97.

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).