Rathbones Group PLC Reduces Stock Position in iShares U.S. Technology ETF (NYSEARCA:IYW)

Rathbones Group PLC lessened its position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 4.0% in the fourth quarter, Holdings Channel reports. The fund owned 26,921 shares of the exchange traded fund’s stock after selling 1,120 shares during the quarter. Rathbones Group PLC’s holdings in iShares U.S. Technology ETF were worth $4,294,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently made changes to their positions in IYW. Mainstream Capital Management LLC grew its stake in shares of iShares U.S. Technology ETF by 1.3% during the 4th quarter. Mainstream Capital Management LLC now owns 4,945 shares of the exchange traded fund’s stock valued at $789,000 after acquiring an additional 63 shares during the period. XML Financial LLC lifted its position in shares of iShares U.S. Technology ETF by 1.7% in the fourth quarter. XML Financial LLC now owns 4,396 shares of the exchange traded fund’s stock worth $701,000 after buying an additional 73 shares in the last quarter. New Republic Capital LLC increased its position in iShares U.S. Technology ETF by 4.4% in the fourth quarter. New Republic Capital LLC now owns 1,925 shares of the exchange traded fund’s stock worth $307,000 after purchasing an additional 82 shares during the last quarter. Marino Stram & Associates LLC lifted its holdings in shares of iShares U.S. Technology ETF by 4.6% in the 4th quarter. Marino Stram & Associates LLC now owns 1,990 shares of the exchange traded fund’s stock valued at $317,000 after acquiring an additional 88 shares during the last quarter. Finally, SRS Capital Advisors Inc. increased its position in shares of iShares U.S. Technology ETF by 43.7% during the 4th quarter. SRS Capital Advisors Inc. now owns 296 shares of the exchange traded fund’s stock valued at $47,000 after purchasing an additional 90 shares during the last quarter.

iShares U.S. Technology ETF Trading Up 0.4 %

IYW stock opened at $125.06 on Tuesday. The stock has a market cap of $15.59 billion, a PE ratio of 31.74 and a beta of 1.22. The company has a 50-day moving average price of $152.05 and a 200 day moving average price of $156.09. iShares U.S. Technology ETF has a 12 month low of $117.55 and a 12 month high of $167.30.

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).