Condor Capital Management Has $3 Million Position in iShares U.S. Technology ETF (NYSEARCA:IYW)

Condor Capital Management trimmed its position in iShares U.S. Technology ETF (NYSEARCA:IYW) by 2.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 18,808 shares of the exchange traded fund’s stock after selling 413 shares during the period. Condor Capital Management’s holdings in iShares U.S. Technology ETF were worth $3,000,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Raymond James Financial Inc. bought a new position in shares of iShares U.S. Technology ETF during the fourth quarter worth $256,146,000. The Manufacturers Life Insurance Company raised its stake in iShares U.S. Technology ETF by 4,550.8% during the 3rd 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 during the period. Dynasty Wealth Management LLC lifted its holdings in iShares U.S. Technology ETF by 54.8% during the fourth quarter. Dynasty Wealth Management LLC now owns 1,404,039 shares of the exchange traded fund’s stock worth $223,972,000 after acquiring an additional 497,043 shares in the last quarter. Atlas Legacy Advisors LLC acquired a new position in iShares U.S. Technology ETF in the fourth quarter valued at about $38,293,000. Finally, HighTower Advisors LLC increased its holdings 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 acquiring an additional 128,052 shares in the last quarter.

iShares U.S. Technology ETF Price Performance

NYSEARCA:IYW opened at $146.21 on Thursday. The business’s 50-day simple moving average is $157.23 and its 200-day simple moving average is $156.29. iShares U.S. Technology ETF has a fifty-two week low of $124.32 and a fifty-two week high of $167.30. The stock has a market capitalization of $18.24 billion, a PE ratio of 33.00 and a beta of 1.16.

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).