Orion Portfolio Solutions LLC Reduces Holdings in iShares U.S. Technology ETF (NYSEARCA:IYW)

Orion Portfolio Solutions LLC decreased its position in iShares U.S. Technology ETF (NYSEARCA:IYW) by 4.5% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 61,906 shares of the exchange traded fund’s stock after selling 2,934 shares during the period. Orion Portfolio Solutions LLC owned about 0.05% of iShares U.S. Technology ETF worth $9,875,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in IYW. Raymond James Financial Inc. bought a new stake in shares of iShares U.S. Technology ETF in the 4th quarter worth approximately $256,146,000. LPL Financial LLC boosted its stake in shares of iShares U.S. Technology ETF by 23.7% during the 4th quarter. LPL Financial LLC now owns 5,111,322 shares of the exchange traded fund’s stock valued at $815,358,000 after purchasing an additional 977,883 shares in the last quarter. Dynasty Wealth Management LLC increased its position in shares of iShares U.S. Technology ETF by 54.8% during the fourth quarter. Dynasty Wealth Management LLC now owns 1,404,039 shares of the exchange traded fund’s stock valued at $223,972,000 after buying an additional 497,043 shares during the period. JPMorgan Chase & Co. raised its stake in iShares U.S. Technology ETF by 10.1% in the fourth quarter. JPMorgan Chase & Co. now owns 3,420,965 shares of the exchange traded fund’s stock worth $545,713,000 after buying an additional 314,689 shares in the last quarter. Finally, Atlas Legacy Advisors LLC purchased a new stake in iShares U.S. Technology ETF in the fourth quarter worth about $38,293,000.

iShares U.S. Technology ETF Stock Performance

IYW stock opened at $140.66 on Friday. iShares U.S. Technology ETF has a fifty-two week low of $124.32 and a fifty-two week high of $167.30. The company has a market capitalization of $17.55 billion, a price-to-earnings ratio of 33.00 and a beta of 1.16. The business’s 50 day moving average price is $155.45 and its two-hundred day moving average price is $156.42.

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).