Kanawha Capital Management LLC lessened its position in iShares U.S. Technology ETF (NYSEARCA:IYW – Free Report) by 4.7% in the 4th quarter, Holdings Channel reports. The fund owned 3,251 shares of the exchange traded fund’s stock after selling 161 shares during the period. Kanawha Capital Management LLC’s holdings in iShares U.S. Technology ETF were worth $519,000 as of its most recent filing with the SEC.
Several other hedge funds also recently made changes to their positions in IYW. International Assets Investment Management LLC lifted its stake in shares of iShares U.S. Technology ETF by 29,435.7% in the 3rd quarter. International Assets Investment Management LLC now owns 3,190,156 shares of the exchange traded fund’s stock worth $483,691,000 after acquiring an additional 3,179,355 shares during the period. The Manufacturers Life Insurance Company lifted its stake in shares of iShares U.S. Technology ETF by 4,550.8% in 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 acquiring an additional 541,550 shares during the period. HighTower Advisors LLC lifted its stake in shares of iShares U.S. Technology ETF by 55.1% in the 3rd 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 during the period. LPL Financial LLC lifted its stake in shares of iShares U.S. Technology ETF by 3.0% in the 3rd quarter. LPL Financial LLC now owns 4,133,439 shares of the exchange traded fund’s stock worth $626,712,000 after acquiring an additional 120,614 shares during the period. Finally, Strategic Financial Concepts LLC acquired a new stake in shares of iShares U.S. Technology ETF in the 4th quarter worth $15,272,000.
iShares U.S. Technology ETF Stock Up 1.6 %
Shares of NYSEARCA IYW opened at $165.00 on Friday. iShares U.S. Technology ETF has a 52 week low of $124.32 and a 52 week high of $166.83. The firm has a 50-day moving average price of $161.92 and a 200 day moving average price of $154.65. The stock has a market capitalization of $20.27 billion, a price-to-earnings ratio of 38.84 and a beta of 1.43.
iShares U.S. Technology ETF Company 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).
Further Reading
- Five stocks we like better than iShares U.S. Technology ETF
- Trading Halts Explained
- MicroStrategy’s 8% Preferred Stock: What Investors Should Know
- 3 Healthcare Dividend Stocks to Buy
- Biotechs on the Brink: 2 Stocks With Huge Potential
- What Are Dividend Champions? How to Invest in the Champions
- Silicon Valley’s Sleeping Giant? Intel’s Comeback in Focus
Want to see what other hedge funds are holding IYW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares U.S. Technology ETF (NYSEARCA:IYW – Free Report).
Receive News & Ratings for iShares U.S. Technology ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares U.S. Technology ETF and related companies with MarketBeat.com's FREE daily email newsletter.