Nwam LLC trimmed its position in iShares U.S. Technology ETF (NYSEARCA:IYW – Free Report) by 22.5% during the first quarter, Holdings Channel.com reports. The firm owned 11,769 shares of the exchange traded fund’s stock after selling 3,423 shares during the period. Nwam LLC’s holdings in iShares U.S. Technology ETF were worth $2,135,000 as of its most recent SEC filing.
Other institutional investors have also modified their holdings of the company. Monetary Solutions Ltd acquired a new position in shares of iShares U.S. Technology ETF during the fourth quarter worth $26,000. Sankala Group LLC purchased a new position in iShares U.S. Technology ETF in the fourth quarter valued at $26,000. Miller Capital Partners Inc. acquired a new stake in iShares U.S. Technology ETF in the fourth quarter valued at $28,000. Triumph Capital Management acquired a new stake in iShares U.S. Technology ETF in the third quarter valued at $28,000. Finally, Kingdom Financial Group LLC. purchased a new stake in iShares U.S. Technology ETF during the 4th quarter worth about $32,000. 57.65% of the stock is owned by hedge funds and other institutional investors.
iShares U.S. Technology ETF Price Performance
Shares of NYSEARCA IYW opened at $248.45 on Thursday. The business has a 50-day moving average of $245.45 and a two-hundred day moving average of $213.91. The company has a market capitalization of $24.99 billion, a price-to-earnings ratio of 34.95 and a beta of 1.35. iShares U.S. Technology ETF has a 1 year low of $172.54 and a 1 year high of $261.01.
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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