Wealthgarden F.S. LLC Decreases Stake in iShares U.S. Technology ETF (NYSEARCA:IYW)

Wealthgarden F.S. LLC reduced its stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 51.5% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 9,556 shares of the exchange traded fund’s stock after selling 10,164 shares during the period. iShares U.S. Technology ETF makes up about 1.4% of Wealthgarden F.S. LLC’s holdings, making the stock its 19th largest position. Wealthgarden F.S. LLC’s holdings in iShares U.S. Technology ETF were worth $1,524,000 as of its most recent filing with the SEC.

Several other institutional investors also recently made changes to their positions in IYW. Phillips Financial Management LLC boosted its holdings in iShares U.S. Technology ETF by 1,545.5% during the third quarter. Phillips Financial Management LLC now owns 181 shares of the exchange traded fund’s stock worth $27,000 after buying an additional 170 shares in the last quarter. Brooklyn Investment Group boosted its stake in shares of iShares U.S. Technology ETF by 84.3% during the 4th quarter. Brooklyn Investment Group now owns 199 shares of the exchange traded fund’s stock worth $32,000 after acquiring an additional 91 shares in the last quarter. Avion Wealth purchased a new stake in shares of iShares U.S. Technology ETF during the 4th quarter worth approximately $47,000. Activest Wealth Management purchased a new stake in iShares U.S. Technology ETF during the third quarter worth $52,000. Finally, Kestra Investment Management LLC purchased a new position in shares of iShares U.S. Technology ETF in the fourth quarter valued at $53,000.

iShares U.S. Technology ETF Stock Down 2.6 %

NYSEARCA:IYW opened at $161.55 on Friday. iShares U.S. Technology ETF has a 52-week low of $124.32 and a 52-week high of $167.30. The stock has a fifty day simple moving average of $162.06 and a 200-day simple moving average of $155.82. The company has a market capitalization of $19.85 billion, a PE ratio of 38.84 and a beta of 1.43.

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).