International Assets Investment Management LLC Reduces Holdings in iShares U.S. Technology ETF (NYSEARCA:IYW)

International Assets Investment Management LLC reduced its stake in iShares U.S. Technology ETF (NYSEARCA:IYW) by 99.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 22,393 shares of the exchange traded fund’s stock after selling 3,167,763 shares during the quarter. International Assets Investment Management LLC’s holdings in iShares U.S. Technology ETF were worth $3,573,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Lantz Financial LLC grew its holdings in iShares U.S. Technology ETF by 4.1% in the 2nd quarter. Lantz Financial LLC now owns 14,614 shares of the exchange traded fund’s stock valued at $2,199,000 after buying an additional 581 shares during the period. Natixis Advisors LLC purchased a new position in iShares U.S. Technology ETF in the 2nd quarter valued at about $1,896,000. Strategic Financial Concepts LLC acquired a new stake in shares of iShares U.S. Technology ETF during the second quarter valued at about $128,000. Wedbush Securities Inc. boosted its stake in shares of iShares U.S. Technology ETF by 9.0% during the 2nd quarter. Wedbush Securities Inc. now owns 9,028 shares of the exchange traded fund’s stock valued at $1,359,000 after buying an additional 747 shares during the last quarter. Finally, Choreo LLC raised its position in shares of iShares U.S. Technology ETF by 4.8% during the 2nd quarter. Choreo LLC now owns 31,501 shares of the exchange traded fund’s stock valued at $4,788,000 after acquiring an additional 1,451 shares in the last quarter.

iShares U.S. Technology ETF Trading Down 0.4 %

IYW traded down $0.64 during trading hours on Wednesday, hitting $160.46. The company’s stock had a trading volume of 94,450 shares, compared to its average volume of 911,442. The company has a 50-day simple moving average of $160.53 and a 200 day simple moving average of $152.97. The firm has a market capitalization of $19.71 billion, a PE ratio of 38.84 and a beta of 1.43. iShares U.S. Technology ETF has a fifty-two week low of $119.80 and a fifty-two week high of $166.47.

About iShares U.S. Technology ETF

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).