Stratos Wealth Partners LTD. Sells 9,488 Shares of iShares U.S. Technology ETF (NYSEARCA:IYW)

Stratos Wealth Partners LTD. reduced its stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 4.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 184,887 shares of the exchange traded fund’s stock after selling 9,488 shares during the quarter. Stratos Wealth Partners LTD.’s holdings in iShares U.S. Technology ETF were worth $29,493,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Phillips Financial Management LLC boosted its stake in shares of iShares U.S. Technology ETF by 1,545.5% in the 3rd quarter. Phillips Financial Management LLC now owns 181 shares of the exchange traded fund’s stock valued at $27,000 after purchasing an additional 170 shares during the last quarter. Brooklyn Investment Group lifted its holdings in iShares U.S. Technology ETF by 84.3% in the fourth quarter. Brooklyn Investment Group now owns 199 shares of the exchange traded fund’s stock valued at $32,000 after buying an additional 91 shares during the period. Activest Wealth Management bought a new position in iShares U.S. Technology ETF in the third quarter valued at approximately $52,000. China Universal Asset Management Co. Ltd. grew its holdings in iShares U.S. Technology ETF by 37,900.0% during the 4th quarter. China Universal Asset Management Co. Ltd. now owns 380 shares of the exchange traded fund’s stock worth $61,000 after acquiring an additional 379 shares during the period. Finally, Legacy Investment Solutions LLC bought a new stake in shares of iShares U.S. Technology ETF during the 3rd quarter valued at $63,000.

iShares U.S. Technology ETF Stock Up 1.5 %

IYW stock opened at $159.87 on Wednesday. iShares U.S. Technology ETF has a twelve month low of $124.32 and a twelve month high of $166.83. The business’s fifty day moving average is $161.76 and its 200-day moving average is $153.99. The company has a market cap of $19.64 billion, a P/E 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).