Silver Oak Securities Incorporated Sells 5,423 Shares of iShares U.S. Technology ETF (NYSEARCA:IYW)

Silver Oak Securities Incorporated lessened its holdings in iShares U.S. Technology ETF (NYSEARCA:IYW) by 37.2% during the fourth quarter, Holdings Channel reports. The fund owned 9,141 shares of the exchange traded fund’s stock after selling 5,423 shares during the period. Silver Oak Securities Incorporated’s holdings in iShares U.S. Technology ETF were worth $1,472,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Phillips Financial Management LLC boosted its holdings 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 acquiring an additional 170 shares during the period. Brooklyn Investment Group lifted its holdings in iShares U.S. Technology ETF by 84.3% during the 4th quarter. Brooklyn Investment Group now owns 199 shares of the exchange traded fund’s stock worth $32,000 after purchasing an additional 91 shares during the last quarter. Activest Wealth Management bought a new stake in iShares U.S. Technology ETF in the 3rd quarter valued at $52,000. China Universal Asset Management Co. Ltd. grew its holdings in iShares U.S. Technology ETF by 37,900.0% in the 4th quarter. China Universal Asset Management Co. Ltd. now owns 380 shares of the exchange traded fund’s stock valued at $61,000 after buying an additional 379 shares in the last quarter. Finally, Legacy Investment Solutions LLC acquired a new position in iShares U.S. Technology ETF in the 3rd quarter valued at $63,000.

iShares U.S. Technology ETF Stock Performance

IYW opened at $161.94 on Friday. The stock has a fifty day moving average of $161.91 and a 200-day moving average of $154.10. The company has a market capitalization of $19.89 billion, a P/E ratio of 38.84 and a beta of 1.43. iShares U.S. Technology ETF has a fifty-two week low of $124.32 and a fifty-two 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).