FFG Retirement Advisors LLC Decreases Stock Position in iShares U.S. Technology ETF (NYSEARCA:IYW)

FFG Retirement Advisors LLC lessened its position in iShares U.S. Technology ETF (NYSEARCA:IYW) by 17.4% during the 1st quarter, HoldingsChannel.com reports. The fund owned 12,039 shares of the exchange traded fund’s stock after selling 2,531 shares during the quarter. FFG Retirement Advisors LLC’s holdings in iShares U.S. Technology ETF were worth $1,691,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. LPL Financial LLC lifted its position in shares of iShares U.S. Technology ETF by 23.7% in the fourth quarter. LPL Financial LLC now owns 5,111,322 shares of the exchange traded fund’s stock valued at $815,358,000 after acquiring an additional 977,883 shares in the last quarter. Bank of America Corp DE lifted its position in shares of iShares U.S. Technology ETF by 0.6% in the fourth quarter. Bank of America Corp DE now owns 4,297,527 shares of the exchange traded fund’s stock valued at $685,541,000 after acquiring an additional 26,427 shares in the last quarter. JPMorgan Chase & Co. lifted its position in shares of iShares U.S. Technology ETF by 10.1% in the fourth quarter. JPMorgan Chase & Co. now owns 3,420,965 shares of the exchange traded fund’s stock valued at $545,713,000 after acquiring an additional 314,689 shares in the last quarter. Raymond James Financial Inc. purchased a new position in shares of iShares U.S. Technology ETF in the fourth quarter valued at approximately $256,146,000. Finally, Wells Fargo & Company MN lifted its position in shares of iShares U.S. Technology ETF by 14.2% in the fourth quarter. Wells Fargo & Company MN now owns 1,423,744 shares of the exchange traded fund’s stock valued at $227,116,000 after acquiring an additional 177,492 shares in the last quarter.

iShares U.S. Technology ETF Stock Performance

NYSEARCA:IYW opened at $163.54 on Friday. iShares U.S. Technology ETF has a one year low of $117.55 and a one year high of $167.30. The stock has a market cap of $20.08 billion, a PE ratio of 35.28 and a beta of 1.23. The stock has a 50 day moving average price of $146.00 and a 200 day moving average price of $153.77.

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).