MKT Advisors LLC Has $1.21 Million Holdings in iShares U.S. Technology ETF (NYSEARCA:IYW)

MKT Advisors LLC decreased its position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 3.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,487 shares of the exchange traded fund’s stock after selling 279 shares during the quarter. MKT Advisors LLC’s holdings in iShares U.S. Technology ETF were worth $1,208,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of IYW. Phillips Financial Management LLC increased its stake 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 valued at $27,000 after purchasing an additional 170 shares in the last quarter. Brooklyn Investment Group grew its holdings 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 buying an additional 91 shares during the last quarter. Activest Wealth Management bought a new stake in shares of iShares U.S. Technology ETF during the third quarter worth about $52,000. Legacy Investment Solutions LLC acquired a new stake in shares of iShares U.S. Technology ETF in the 3rd quarter worth about $63,000. Finally, PSI Advisors LLC raised its holdings in shares of iShares U.S. Technology ETF by 36.2% in the 4th quarter. PSI Advisors LLC now owns 463 shares of the exchange traded fund’s stock worth $74,000 after acquiring an additional 123 shares during the last quarter.

iShares U.S. Technology ETF Stock Performance

IYW stock opened at $164.69 on Friday. The business has a 50-day simple moving average of $161.61 and a two-hundred day simple moving average of $153.71. The company has a market capitalization of $20.23 billion, a P/E ratio of 38.84 and a beta of 1.43. iShares U.S. Technology ETF has a 52-week low of $124.32 and a 52-week high of $166.83.

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).