Rockland Trust Co. Sells 98 Shares of iShares U.S. Technology ETF (NYSEARCA:IYW)

Rockland Trust Co. cut its stake in iShares U.S. Technology ETF (NYSEARCA:IYW) by 5.1% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,835 shares of the exchange traded fund’s stock after selling 98 shares during the quarter. Rockland Trust Co.’s holdings in iShares U.S. Technology ETF were worth $258,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Mainstream Capital Management LLC lifted its holdings in iShares U.S. Technology ETF by 1.3% during the fourth quarter. Mainstream Capital Management LLC now owns 4,945 shares of the exchange traded fund’s stock worth $789,000 after acquiring an additional 63 shares in the last quarter. TD Waterhouse Canada Inc. raised its position in shares of iShares U.S. Technology ETF by 1.1% during the fourth quarter. TD Waterhouse Canada Inc. now owns 7,402 shares of the exchange traded fund’s stock worth $1,180,000 after purchasing an additional 79 shares during the period. SRS Capital Advisors Inc. lifted its holdings in shares of iShares U.S. Technology ETF by 43.7% during the 4th quarter. SRS Capital Advisors Inc. now owns 296 shares of the exchange traded fund’s stock valued at $47,000 after purchasing an additional 90 shares in the last quarter. GPS Wealth Strategies Group LLC lifted its holdings in shares of iShares U.S. Technology ETF by 2.1% during the 1st quarter. GPS Wealth Strategies Group LLC now owns 4,584 shares of the exchange traded fund’s stock valued at $644,000 after purchasing an additional 96 shares in the last quarter. Finally, JARISLOWSKY FRASER Ltd grew its position in shares of iShares U.S. Technology ETF by 2.9% in the 4th quarter. JARISLOWSKY FRASER Ltd now owns 3,700 shares of the exchange traded fund’s stock valued at $590,000 after purchasing an additional 105 shares during the period.

iShares U.S. Technology ETF Stock Performance

NYSEARCA IYW opened at $163.28 on Friday. The stock has a market cap of $20.05 billion, a price-to-earnings ratio of 35.28 and a beta of 1.23. The business has a 50 day simple moving average of $149.49 and a 200 day simple moving average of $153.99. iShares U.S. Technology ETF has a 52-week low of $117.55 and a 52-week high of $167.30.

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).