iShares U.S. Technology ETF (NYSEARCA:IYW) Stock Holdings Lessened by International Assets Investment Management LLC

International Assets Investment Management LLC cut its stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 99.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 22,393 shares of the exchange traded fund’s stock after selling 3,167,763 shares during the quarter. International Assets Investment Management LLC’s holdings in iShares U.S. Technology ETF were worth $3,573,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Phillips Financial Management LLC boosted its position in shares of 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 purchasing an additional 170 shares during the period. Activest Wealth Management acquired a new position in shares of iShares U.S. Technology ETF in the third quarter worth about $52,000. Legacy Investment Solutions LLC purchased a new position in shares of iShares U.S. Technology ETF in the third quarter worth approximately $63,000. Brown Brothers Harriman & Co. raised its holdings in shares of iShares U.S. Technology ETF by 81.7% during the third quarter. Brown Brothers Harriman & Co. now owns 545 shares of the exchange traded fund’s stock valued at $83,000 after acquiring an additional 245 shares during the period. Finally, Truvestments Capital LLC acquired a new stake in iShares U.S. Technology ETF during the 3rd quarter valued at $89,000.

iShares U.S. Technology ETF Stock Down 0.4 %

Shares of iShares U.S. Technology ETF stock traded down $0.64 during midday trading on Wednesday, hitting $160.46. The company’s stock had a trading volume of 94,450 shares, compared to its average volume of 911,442. The firm has a market capitalization of $19.71 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 $119.80 and a 1-year high of $166.47. The stock has a 50-day simple moving average of $160.53 and a 200-day simple moving average of $152.97.

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).