Concord Wealth Partners Sells 485 Shares of iShares U.S. Technology ETF (NYSEARCA:IYW)

Concord Wealth Partners reduced its holdings in iShares U.S. Technology ETF (NYSEARCA:IYW) by 8.2% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 5,431 shares of the exchange traded fund’s stock after selling 485 shares during the quarter. Concord Wealth Partners’ holdings in iShares U.S. Technology ETF were worth $866,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in IYW. Phillips Financial Management LLC lifted its stake in iShares U.S. Technology ETF by 1,545.5% in the third quarter. Phillips Financial Management LLC now owns 181 shares of the exchange traded fund’s stock worth $27,000 after purchasing an additional 170 shares during the last quarter. Brooklyn Investment Group boosted its stake 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 valued at $32,000 after purchasing an additional 91 shares during the period. Activest Wealth Management bought a new position in shares of iShares U.S. Technology ETF in the third quarter worth approximately $52,000. Legacy Investment Solutions LLC bought a new position in shares of iShares U.S. Technology ETF in the third quarter worth approximately $63,000. Finally, New Wave Wealth Advisors LLC purchased a new position in shares of iShares U.S. Technology ETF in the fourth quarter worth $71,000.

iShares U.S. Technology ETF Stock Down 0.5 %

Shares of iShares U.S. Technology ETF stock opened at $159.67 on Friday. The company’s fifty day simple moving average is $161.79 and its two-hundred day simple moving average is $153.85. iShares U.S. Technology ETF has a 12-month low of $124.32 and a 12-month high of $166.83. The firm has a market cap of $19.62 billion, a PE 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).