HM Payson & Co. Lowers Holdings in iShares U.S. Technology ETF (NYSEARCA:IYW)

HM Payson & Co. cut its position in iShares U.S. Technology ETF (NYSEARCA:IYW) by 12.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,200 shares of the exchange traded fund’s stock after selling 304 shares during the quarter. HM Payson & Co.’s holdings in iShares U.S. Technology ETF were worth $351,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of IYW. Howard Capital Management Group LLC raised its position in iShares U.S. Technology ETF by 1.1% in the 3rd quarter. Howard Capital Management Group LLC now owns 208,920 shares of the exchange traded fund’s stock worth $31,677,000 after purchasing an additional 2,312 shares during the period. QRG Capital Management Inc. raised its position in iShares U.S. Technology ETF by 53.0% in the 3rd quarter. QRG Capital Management Inc. now owns 3,826 shares of the exchange traded fund’s stock worth $580,000 after purchasing an additional 1,326 shares during the period. CWA Asset Management Group LLC purchased a new position in iShares U.S. Technology ETF in the 3rd quarter worth $808,000. Assetmark Inc. grew its holdings in iShares U.S. Technology ETF by 8.1% in the 3rd quarter. Assetmark Inc. now owns 27,631 shares of the exchange traded fund’s stock worth $4,189,000 after acquiring an additional 2,077 shares during the last quarter. Finally, Avid Wealth Partners LLC grew its holdings in iShares U.S. Technology ETF by 6.2% in the 3rd quarter. Avid Wealth Partners LLC now owns 32,235 shares of the exchange traded fund’s stock worth $4,887,000 after acquiring an additional 1,874 shares during the last quarter.

iShares U.S. Technology ETF Stock Up 1.1 %

Shares of iShares U.S. Technology ETF stock opened at $149.09 on Monday. The firm has a market cap of $18.73 billion, a PE ratio of 35.73 and a beta of 1.14. iShares U.S. Technology ETF has a 12-month low of $124.32 and a 12-month high of $167.30. The company’s fifty day simple moving average is $159.93 and its two-hundred day simple moving average is $156.54.

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).