iShares U.S. Technology ETF $IYW Shares Sold by JFS Wealth Advisors LLC

JFS Wealth Advisors LLC cut its stake in iShares U.S. Technology ETF (NYSEARCA:IYW) by 58.0% in the fourth quarter, Holdings Channel reports. The firm owned 3,824 shares of the exchange traded fund’s stock after selling 5,278 shares during the period. JFS Wealth Advisors LLC’s holdings in iShares U.S. Technology ETF were worth $764,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently bought and sold shares of the company. UBS Group AG grew its holdings in shares of iShares U.S. Technology ETF by 4.0% during the third quarter. UBS Group AG now owns 1,882,618 shares of the exchange traded fund’s stock valued at $368,730,000 after buying an additional 72,485 shares during the last quarter. Raymond James Financial Inc. raised its stake in iShares U.S. Technology ETF by 6.5% in the 2nd quarter. Raymond James Financial Inc. now owns 1,598,623 shares of the exchange traded fund’s stock worth $276,993,000 after acquiring an additional 97,389 shares during the last quarter. Hsbc Holdings PLC raised its stake in iShares U.S. Technology ETF by 52.6% in the 2nd quarter. Hsbc Holdings PLC now owns 1,164,822 shares of the exchange traded fund’s stock worth $201,829,000 after acquiring an additional 401,472 shares during the last quarter. Ameriprise Financial Inc. lifted its position in iShares U.S. Technology ETF by 2.4% during the 2nd quarter. Ameriprise Financial Inc. now owns 1,156,536 shares of the exchange traded fund’s stock worth $200,481,000 after acquiring an additional 27,056 shares during the period. Finally, Dynasty Wealth Management LLC lifted its position in iShares U.S. Technology ETF by 6.1% during the 3rd quarter. Dynasty Wealth Management LLC now owns 1,114,634 shares of the exchange traded fund’s stock worth $218,312,000 after acquiring an additional 64,136 shares during the period. Hedge funds and other 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 $176.09 on Friday. The business’s 50-day simple moving average is $192.26 and its two-hundred day simple moving average is $196.56. The company has a market cap of $18.43 billion, a PE ratio of 34.95 and a beta of 1.23. iShares U.S. Technology ETF has a fifty-two week low of $117.55 and a fifty-two week high of $211.98.

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.