Patten & Patten Inc. TN Lowers Stake in iShares U.S. Technology ETF (NYSEARCA:IYW)

Patten & Patten Inc. TN lowered its stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 1.0% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 10,005 shares of the exchange traded fund’s stock after selling 104 shares during the quarter. Patten & Patten Inc. TN’s holdings in iShares U.S. Technology ETF were worth $1,596,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. Phillips Financial Management LLC raised its position in 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 worth $27,000 after purchasing an additional 170 shares during the period. Brooklyn Investment Group raised its position in iShares U.S. Technology ETF by 84.3% in the 4th quarter. Brooklyn Investment Group now owns 199 shares of the exchange traded fund’s stock worth $32,000 after purchasing an additional 91 shares during the period. SRS Capital Advisors Inc. raised its position in iShares U.S. Technology ETF by 43.7% in the 4th quarter. SRS Capital Advisors Inc. now owns 296 shares of the exchange traded fund’s stock worth $47,000 after purchasing an additional 90 shares during the period. Avion Wealth purchased a new position in iShares U.S. Technology ETF in the 4th quarter worth $47,000. Finally, Atala Financial Inc purchased a new position in iShares U.S. Technology ETF in the 4th quarter worth $52,000.

iShares U.S. Technology ETF Stock Up 3.1 %

Shares of NYSEARCA:IYW opened at $146.03 on Monday. The stock has a market cap of $18.22 billion, a PE ratio of 33.00 and a beta of 1.16. The company’s fifty day moving average is $158.23 and its 200 day moving average is $156.38. iShares U.S. Technology ETF has a 52 week low of $124.32 and a 52 week 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).