iShares U.S. Technology ETF (NYSEARCA:IYW) Shares Sold by J.W. Cole Advisors Inc.

J.W. Cole Advisors Inc. decreased its stake in iShares U.S. Technology ETF (NYSEARCA:IYW) by 42.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 111,842 shares of the exchange traded fund’s stock after selling 83,138 shares during the quarter. iShares U.S. Technology ETF makes up 0.7% of J.W. Cole Advisors Inc.’s holdings, making the stock its 20th biggest position. J.W. Cole Advisors Inc. owned about 0.09% of iShares U.S. Technology ETF worth $17,841,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of IYW. International Assets Investment Management LLC lifted its stake in shares of iShares U.S. Technology ETF by 29,435.7% in the third quarter. International Assets Investment Management LLC now owns 3,190,156 shares of the exchange traded fund’s stock worth $483,691,000 after buying an additional 3,179,355 shares in the last quarter. The Manufacturers Life Insurance Company lifted its stake in shares of iShares U.S. Technology ETF by 4,550.8% in the third quarter. The Manufacturers Life Insurance Company now owns 553,450 shares of the exchange traded fund’s stock worth $83,914,000 after buying an additional 541,550 shares in the last quarter. HighTower Advisors LLC lifted its stake in shares of iShares U.S. Technology ETF by 55.1% in the third quarter. HighTower Advisors LLC now owns 360,435 shares of the exchange traded fund’s stock worth $54,626,000 after buying an additional 128,052 shares in the last quarter. LPL Financial LLC raised its stake in iShares U.S. Technology ETF by 3.0% during the third quarter. LPL Financial LLC now owns 4,133,439 shares of the exchange traded fund’s stock worth $626,712,000 after purchasing an additional 120,614 shares during the period. Finally, Strategic Financial Concepts LLC purchased a new position in iShares U.S. Technology ETF during the fourth quarter worth about $15,272,000.

iShares U.S. Technology ETF Price Performance

Shares of IYW stock opened at $165.87 on Friday. The firm’s 50-day moving average is $161.93 and its two-hundred day moving average is $154.90. iShares U.S. Technology ETF has a 12 month low of $124.32 and a 12 month high of $166.83. The company has a market capitalization of $20.38 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).