iShares U.S. Technology ETF (NYSEARCA:IYW) Shares Sold by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans lessened its holdings in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 0.2% during the 4th quarter, Holdings Channel reports. The firm owned 275,408 shares of the exchange traded fund’s stock after selling 652 shares during the period. Thrivent Financial for Lutherans’ holdings in iShares U.S. Technology ETF were worth $44,118,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in IYW. Raymond James Financial Inc. acquired a new position in iShares U.S. Technology ETF during the 4th quarter worth $256,146,000. The Manufacturers Life Insurance Company boosted its stake in shares of iShares U.S. Technology ETF by 4,550.8% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 553,450 shares of the exchange traded fund’s stock valued at $83,914,000 after buying an additional 541,550 shares during the period. Dynasty Wealth Management LLC grew its position in shares of iShares U.S. Technology ETF by 54.8% during the fourth quarter. Dynasty Wealth Management LLC now owns 1,404,039 shares of the exchange traded fund’s stock worth $223,972,000 after buying an additional 497,043 shares in the last quarter. Atlas Legacy Advisors LLC purchased a new stake in shares of iShares U.S. Technology ETF during the fourth quarter worth approximately $38,293,000. Finally, HighTower Advisors LLC raised its holdings in iShares U.S. Technology ETF by 55.1% in the third quarter. HighTower Advisors LLC now owns 360,435 shares of the exchange traded fund’s stock valued at $54,626,000 after acquiring an additional 128,052 shares in the last quarter.

iShares U.S. Technology ETF Stock Up 1.4 %

NYSEARCA IYW opened at $146.21 on Thursday. iShares U.S. Technology ETF has a 52 week low of $124.32 and a 52 week high of $167.30. The firm has a 50 day moving average of $157.23 and a two-hundred day moving average of $156.29. The stock has a market capitalization of $18.24 billion, a PE ratio of 33.00 and a beta of 1.16.

iShares U.S. Technology ETF Company 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).