Rollins Financial Advisors LLC lowered its holdings in shares of iShares U.S. Technology ETF (NYSEARCA:IYW – Free Report) by 7.7% in the fourth quarter, HoldingsChannel reports. The firm owned 62,328 shares of the exchange traded fund’s stock after selling 5,203 shares during the period. iShares U.S. Technology ETF makes up 1.8% of Rollins Financial Advisors LLC’s portfolio, making the stock its 14th largest position. Rollins Financial Advisors LLC’s holdings in iShares U.S. Technology ETF were worth $12,446,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also bought and sold shares of the company. Triumph Capital Management bought a new position in iShares U.S. Technology ETF during the third quarter worth about $28,000. Bangor Savings Bank bought a new position in iShares U.S. Technology ETF during the third quarter worth about $31,000. Hantz Financial Services Inc. bought a new position in iShares U.S. Technology ETF during the third quarter worth about $31,000. Collier Financial bought a new position in iShares U.S. Technology ETF during the third quarter worth about $37,000. Finally, Beacon Financial Strategies CORP bought a new position in iShares U.S. Technology ETF during the fourth quarter worth about $41,000. Institutional investors own 57.65% of the company’s stock.
iShares U.S. Technology ETF Stock Performance
iShares U.S. Technology ETF stock opened at $237.07 on Wednesday. iShares U.S. Technology ETF has a 52 week low of $154.02 and a 52 week high of $241.05. The stock has a market capitalization of $23.32 billion, a P/E ratio of 34.95 and a beta of 1.33. The stock has a 50-day simple moving average of $199.66 and a 200 day simple moving average of $199.17.
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). The Index measures the performance of the technology sector of the United States equity market, and includes companies in the industry groups, such as software and computer services and technology hardware and equipment.
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