iShares U.S. Technology ETF (NYSEARCA:IYW) Shares Sold by Axecap Investments LLC

Axecap Investments LLC cut its stake in iShares U.S. Technology ETF (NYSEARCA:IYW) by 1.6% during the 4th quarter, Holdings Channel.com reports. The fund owned 7,047 shares of the exchange traded fund’s stock after selling 117 shares during the period. Axecap Investments LLC’s holdings in iShares U.S. Technology ETF were worth $1,124,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the stock. Phillips Financial Management LLC increased 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 in the last quarter. Brooklyn Investment Group grew its stake in 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 acquired a new stake in shares of iShares U.S. Technology ETF in the third quarter worth $52,000. China Universal Asset Management Co. Ltd. raised its stake in shares of 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 acquiring an additional 379 shares during the period. Finally, Legacy Investment Solutions LLC acquired a new position in shares of iShares U.S. Technology ETF during the 3rd quarter valued at $63,000.

iShares U.S. Technology ETF Trading Up 1.4 %

Shares of iShares U.S. Technology ETF stock opened at $162.66 on Tuesday. The company has a fifty day moving average price of $161.96 and a 200 day moving average price of $154.40. iShares U.S. Technology ETF has a twelve month low of $124.32 and a twelve month high of $166.83. The stock has a market cap of $19.98 billion, a price-to-earnings 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).