Carret Asset Management LLC Has $1.53 Million Position in iShares U.S. Technology ETF (NYSEARCA:IYW)

Carret Asset Management LLC trimmed its position in iShares U.S. Technology ETF (NYSEARCA:IYW) by 4.1% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 9,571 shares of the exchange traded fund’s stock after selling 410 shares during the period. Carret Asset Management LLC’s holdings in iShares U.S. Technology ETF were worth $1,527,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Atala Financial Inc acquired a new position in iShares U.S. Technology ETF in the 4th quarter valued at $52,000. Commonwealth Equity Services LLC grew its holdings in iShares U.S. Technology ETF by 1.6% in the 4th quarter. Commonwealth Equity Services LLC now owns 873,105 shares of the exchange traded fund’s stock valued at $139,278,000 after buying an additional 13,670 shares in the last quarter. DecisionMap Wealth Management LLC acquired a new position in iShares U.S. Technology ETF in the 4th quarter valued at $1,189,000. Avantax Advisory Services Inc. grew its holdings in iShares U.S. Technology ETF by 3.4% in the 4th quarter. Avantax Advisory Services Inc. now owns 362,009 shares of the exchange traded fund’s stock valued at $57,748,000 after buying an additional 12,036 shares in the last quarter. Finally, Hopwood Financial Services Inc. acquired a new position in iShares U.S. Technology ETF in the 4th quarter valued at $297,000.

iShares U.S. Technology ETF Stock Performance

NYSEARCA:IYW opened at $141.64 on Friday. The stock has a fifty day moving average price of $158.92 and a 200-day moving average price of $156.38. The company has a market cap of $17.79 billion, a price-to-earnings ratio of 35.73 and a beta of 1.14. iShares U.S. Technology ETF has a fifty-two week low of $124.32 and a fifty-two week high of $167.30.

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).