Activest Wealth Management Sells 94 Shares of iShares U.S. Technology ETF (NYSEARCA:IYW)

Activest Wealth Management decreased its holdings in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 27.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 251 shares of the exchange traded fund’s stock after selling 94 shares during the quarter. Activest Wealth Management’s holdings in iShares U.S. Technology ETF were worth $40,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in IYW. FMR LLC boosted its position in shares of iShares U.S. Technology ETF by 11.0% in the third quarter. FMR LLC now owns 62,648 shares of the exchange traded fund’s stock valued at $9,499,000 after acquiring an additional 6,225 shares during the period. Natixis Advisors LLC raised its stake in iShares U.S. Technology ETF by 28.1% during the 3rd quarter. Natixis Advisors LLC now owns 16,136 shares of the exchange traded fund’s stock valued at $2,447,000 after purchasing an additional 3,539 shares during the last quarter. Great Valley Advisor Group Inc. boosted its holdings in iShares U.S. Technology ETF by 1.9% in the 3rd quarter. Great Valley Advisor Group Inc. now owns 3,963 shares of the exchange traded fund’s stock valued at $600,000 after purchasing an additional 73 shares during the period. Brown Brothers Harriman & Co. grew its position in iShares U.S. Technology ETF by 81.7% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 545 shares of the exchange traded fund’s stock worth $83,000 after purchasing an additional 245 shares during the last quarter. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors increased its holdings in shares of iShares U.S. Technology ETF by 21.4% during the 3rd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 1,875 shares of the exchange traded fund’s stock worth $284,000 after purchasing an additional 330 shares during the period.

iShares U.S. Technology ETF Stock Performance

NYSEARCA IYW opened at $160.40 on Monday. iShares U.S. Technology ETF has a twelve month low of $124.32 and a twelve month high of $166.83. The stock has a market cap of $19.71 billion, a PE ratio of 38.84 and a beta of 1.43. The firm has a 50-day simple moving average of $161.93 and a 200 day simple moving average of $154.26.

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).