Sterling Investment Advisors LLC ADV trimmed its position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW – Free Report) by 33.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,456 shares of the exchange traded fund’s stock after selling 1,260 shares during the period. iShares U.S. Technology ETF makes up 0.2% of Sterling Investment Advisors LLC ADV’s portfolio, making the stock its 24th biggest holding. Sterling Investment Advisors LLC ADV’s holdings in iShares U.S. Technology ETF were worth $392,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Mesirow Financial Investment Management Inc. bought a new stake in iShares U.S. Technology ETF during the 2nd quarter valued at approximately $203,000. WealthPLAN Partners LLC lifted its holdings in shares of iShares U.S. Technology ETF by 2.3% during the second quarter. WealthPLAN Partners LLC now owns 7,456 shares of the exchange traded fund’s stock worth $1,122,000 after buying an additional 170 shares during the last quarter. Moors & Cabot Inc. boosted its position in shares of iShares U.S. Technology ETF by 15.2% in the second quarter. Moors & Cabot Inc. now owns 6,677 shares of the exchange traded fund’s stock valued at $1,005,000 after acquiring an additional 880 shares during the period. Edgestream Partners L.P. bought a new stake in shares of iShares U.S. Technology ETF in the second quarter valued at approximately $294,000. Finally, Axxcess Wealth Management LLC grew its stake in shares of iShares U.S. Technology ETF by 2.2% in the second quarter. Axxcess Wealth Management LLC now owns 3,975 shares of the exchange traded fund’s stock worth $598,000 after acquiring an additional 86 shares during the last quarter.
iShares U.S. Technology ETF Trading Up 2.3 %
Shares of IYW stock opened at $160.16 on Thursday. The firm has a market capitalization of $19.68 billion, a P/E ratio of 38.84 and a beta of 1.43. iShares U.S. Technology ETF has a 1 year low of $121.05 and a 1 year high of $166.47. The firm’s fifty day simple moving average is $161.12 and its 200 day simple moving average is $153.27.
iShares U.S. Technology ETF Company 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).
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