iShares U.S. Technology ETF (NYSEARCA:IYW) Shares Sold by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC decreased its holdings in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 2.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 607,648 shares of the exchange traded fund’s stock after selling 15,948 shares during the quarter. Janney Montgomery Scott LLC owned about 0.49% of iShares U.S. Technology ETF worth $96,932,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of IYW. Phillips Financial Management LLC boosted its position in shares of iShares U.S. Technology ETF by 1,545.5% during the third quarter. Phillips Financial Management LLC now owns 181 shares of the exchange traded fund’s stock worth $27,000 after buying an additional 170 shares during the period. Brooklyn Investment Group boosted its position in shares of iShares U.S. Technology ETF by 84.3% during the fourth quarter. Brooklyn Investment Group now owns 199 shares of the exchange traded fund’s stock worth $32,000 after buying an additional 91 shares during the period. Activest Wealth Management purchased a new position in shares of iShares U.S. Technology ETF during the third quarter worth $52,000. Legacy Investment Solutions LLC purchased a new position in shares of iShares U.S. Technology ETF during the third quarter worth $63,000. Finally, PSI Advisors LLC boosted its position in shares of iShares U.S. Technology ETF by 36.2% during the fourth quarter. PSI Advisors LLC now owns 463 shares of the exchange traded fund’s stock worth $74,000 after buying an additional 123 shares during the period.

iShares U.S. Technology ETF Stock Up 2.1 %

IYW opened at $165.86 on Thursday. iShares U.S. Technology ETF has a 52 week low of $124.32 and a 52 week high of $166.47. The business has a fifty day simple moving average of $161.29 and a 200-day simple moving average of $153.59. The firm has a market cap of $20.38 billion, a P/E ratio of 38.84 and a beta of 1.43.

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).