iShares U.S. Technology ETF (NYSEARCA:IYW) Shares Sold by Bleakley Financial Group LLC

Bleakley Financial Group LLC cut its position in iShares U.S. Technology ETF (NYSEARCA:IYW) by 0.8% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 52,227 shares of the exchange traded fund’s stock after selling 418 shares during the period. Bleakley Financial Group LLC’s holdings in iShares U.S. Technology ETF were worth $8,331,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of IYW. Phillips Financial Management LLC grew its position in iShares U.S. Technology ETF by 1,545.5% during the 3rd 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 period. Brooklyn Investment Group lifted its stake in shares of iShares U.S. Technology ETF by 84.3% in the 4th 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 purchased a new position in shares of iShares U.S. Technology ETF in the 3rd quarter valued at about $52,000. China Universal Asset Management Co. Ltd. boosted its position in iShares U.S. Technology ETF by 37,900.0% during the fourth quarter. China Universal Asset Management Co. Ltd. now owns 380 shares of the exchange traded fund’s stock worth $61,000 after purchasing an additional 379 shares in the last quarter. Finally, Legacy Investment Solutions LLC acquired a new stake in iShares U.S. Technology ETF in the third quarter valued at approximately $63,000.

iShares U.S. Technology ETF Price Performance

Shares of IYW stock opened at $161.22 on Thursday. The stock has a 50 day simple moving average of $161.83 and a 200-day simple moving average of $154.04. iShares U.S. Technology ETF has a 1-year low of $124.32 and a 1-year high of $166.83. The company has a market cap of $19.81 billion, a price-to-earnings ratio of 38.84 and a beta of 1.43.

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).