iShares U.S. Technology ETF (NYSEARCA:IYW) Shares Sold by M3 Advisory Group LLC

M3 Advisory Group LLC reduced its stake in iShares U.S. Technology ETF (NYSEARCA:IYW) by 1.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 7,253 shares of the exchange traded fund’s stock after selling 80 shares during the quarter. iShares U.S. Technology ETF accounts for 0.8% of M3 Advisory Group LLC’s investment portfolio, making the stock its 27th biggest holding. M3 Advisory Group LLC’s holdings in iShares U.S. Technology ETF were worth $1,157,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also modified their holdings of IYW. Phillips Financial Management LLC increased its stake in iShares U.S. Technology ETF by 1,545.5% in the 3rd quarter. Phillips Financial Management LLC now owns 181 shares of the exchange traded fund’s stock valued at $27,000 after buying an additional 170 shares during the period. Brooklyn Investment Group boosted its holdings in shares of 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 valued at $32,000 after acquiring an additional 91 shares in the last quarter. Activest Wealth Management acquired a new position in shares of iShares U.S. Technology ETF during the third quarter worth about $52,000. Legacy Investment Solutions LLC purchased a new position in iShares U.S. Technology ETF during the third quarter worth about $63,000. Finally, PSI Advisors LLC lifted its position in iShares U.S. Technology ETF by 36.2% in the fourth quarter. PSI Advisors LLC now owns 463 shares of the exchange traded fund’s stock valued at $74,000 after purchasing an additional 123 shares during the period.

iShares U.S. Technology ETF Trading Down 0.9 %

NYSEARCA IYW opened at $164.69 on Friday. The stock has a market capitalization of $20.23 billion, a price-to-earnings ratio of 38.84 and a beta of 1.43. The business’s 50 day moving average is $161.61 and its two-hundred day moving average is $153.71. iShares U.S. Technology ETF has a 12-month low of $124.32 and a 12-month high of $166.83.

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).