Migdal Insurance & Financial Holdings Ltd. Has $8.29 Million Stake in iShares U.S. Technology ETF (NYSEARCA:IYW)

Migdal Insurance & Financial Holdings Ltd. trimmed its position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 4.6% during the third quarter, Holdings Channel.com reports. The institutional investor owned 54,656 shares of the exchange traded fund’s stock after selling 2,618 shares during the period. Migdal Insurance & Financial Holdings Ltd.’s holdings in iShares U.S. Technology ETF were worth $8,287,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in IYW. Magnus Financial Group LLC increased its holdings in shares of iShares U.S. Technology ETF by 0.6% in the third quarter. Magnus Financial Group LLC now owns 11,845 shares of the exchange traded fund’s stock valued at $1,796,000 after purchasing an additional 67 shares during the last quarter. Marino Stram & Associates LLC increased its holdings in shares of iShares U.S. Technology ETF by 3.7% in the third quarter. Marino Stram & Associates LLC now owns 1,902 shares of the exchange traded fund’s stock valued at $288,000 after purchasing an additional 67 shares during the last quarter. Investment Advisory Group LLC increased its holdings in shares of iShares U.S. Technology ETF by 1.0% in the third quarter. Investment Advisory Group LLC now owns 7,583 shares of the exchange traded fund’s stock valued at $1,150,000 after purchasing an additional 73 shares during the last quarter. Fort Washington Investment Advisors Inc. OH increased its holdings in shares of iShares U.S. Technology ETF by 0.6% in the second quarter. Fort Washington Investment Advisors Inc. OH now owns 13,484 shares of the exchange traded fund’s stock valued at $2,029,000 after purchasing an additional 74 shares during the last quarter. Finally, Saxony Capital Management LLC increased its holdings in shares of iShares U.S. Technology ETF by 5.4% in the third quarter. Saxony Capital Management LLC now owns 1,473 shares of the exchange traded fund’s stock valued at $223,000 after purchasing an additional 76 shares during the last quarter.

iShares U.S. Technology ETF Trading Down 0.2 %

Shares of NYSEARCA:IYW traded down $0.25 on Friday, hitting $161.00. The company had a trading volume of 1,393,375 shares, compared to its average volume of 856,568. iShares U.S. Technology ETF has a 1-year low of $110.37 and a 1-year high of $161.49. The stock has a market cap of $19.78 billion, a price-to-earnings ratio of 38.84 and a beta of 1.43. The stock has a 50 day moving average price of $150.87 and a 200 day moving average price of $146.48.

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).