AdvisorNet Financial Inc Sells 94,395 Shares of iShares U.S. Technology ETF (NYSEARCA:IYW)

AdvisorNet Financial Inc decreased its position in iShares U.S. Technology ETF (NYSEARCA:IYW) by 91.5% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 8,823 shares of the exchange traded fund’s stock after selling 94,395 shares during the period. AdvisorNet Financial Inc’s holdings in iShares U.S. Technology ETF were worth $1,407,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently bought and sold shares of the company. LPL Financial LLC raised its holdings in shares of iShares U.S. Technology ETF by 3.0% in the third quarter. LPL Financial LLC now owns 4,133,439 shares of the exchange traded fund’s stock valued at $626,712,000 after purchasing an additional 120,614 shares during the last quarter. International Assets Investment Management LLC grew its position in iShares U.S. Technology ETF by 29,435.7% in the third quarter. International Assets Investment Management LLC now owns 3,190,156 shares of the exchange traded fund’s stock valued at $483,691,000 after purchasing an additional 3,179,355 shares in the last quarter. 1832 Asset Management L.P. increased its stake in iShares U.S. Technology ETF by 173.9% in the 2nd quarter. 1832 Asset Management L.P. now owns 1,022,598 shares of the exchange traded fund’s stock valued at $153,901,000 after buying an additional 649,192 shares during the last quarter. Cetera Investment Advisers lifted its position in iShares U.S. Technology ETF by 0.9% during the 2nd quarter. Cetera Investment Advisers now owns 750,041 shares of the exchange traded fund’s stock worth $112,881,000 after buying an additional 7,039 shares in the last quarter. Finally, RiverFront Investment Group LLC boosted its stake in shares of iShares U.S. Technology ETF by 7.4% during the 2nd quarter. RiverFront Investment Group LLC now owns 725,878 shares of the exchange traded fund’s stock worth $109,245,000 after buying an additional 50,202 shares during the last quarter.

iShares U.S. Technology ETF Stock Performance

NYSEARCA:IYW opened at $156.60 on Wednesday. iShares U.S. Technology ETF has a 52-week low of $121.05 and a 52-week high of $166.47. The company has a market cap of $19.24 billion, a P/E ratio of 38.84 and a beta of 1.43. The stock’s 50-day simple moving average is $161.06 and its 200 day simple moving average is $153.23.

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).