Legacy Financial Group LLC Trims Stock Holdings in iShares U.S. Technology ETF (NYSEARCA:IYW)

Legacy Financial Group LLC reduced its stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 5.5% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 33,343 shares of the exchange traded fund’s stock after selling 1,945 shares during the period. iShares U.S. Technology ETF makes up approximately 0.0% of Legacy Financial Group LLC’s portfolio, making the stock its 29th biggest holding. Legacy Financial Group LLC’s holdings in iShares U.S. Technology ETF were worth $5,319,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in IYW. AQR Capital Management LLC acquired a new stake in iShares U.S. Technology ETF during the 2nd quarter worth about $342,000. The Manufacturers Life Insurance Company acquired a new stake in iShares U.S. Technology ETF during the 2nd quarter worth about $1,791,000. Ascent Group LLC grew its position in shares of iShares U.S. Technology ETF by 22.7% during the 2nd quarter. Ascent Group LLC now owns 43,612 shares of the exchange traded fund’s stock valued at $6,564,000 after acquiring an additional 8,077 shares during the period. Creative Planning grew its position in shares of iShares U.S. Technology ETF by 0.7% during the 2nd quarter. Creative Planning now owns 116,882 shares of the exchange traded fund’s stock valued at $17,591,000 after acquiring an additional 786 shares during the period. Finally, Magnolia Capital Advisors LLC acquired a new stake in shares of iShares U.S. Technology ETF during the 2nd quarter valued at about $1,859,000.

iShares U.S. Technology ETF Stock Down 0.9 %

NYSEARCA:IYW opened at $164.69 on Monday. iShares U.S. Technology ETF has a 52 week low of $124.32 and a 52 week high of $166.83. The stock has a market capitalization of $20.23 billion, a PE ratio of 38.84 and a beta of 1.43. The stock’s 50-day moving average price is $161.61 and its 200-day moving average price is $153.68.

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).