Unique Wealth LLC Reduces Holdings in iShares U.S. Technology ETF $IYW

Unique Wealth LLC trimmed its stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 73.4% during the 1st quarter, Holdings Channel.com reports. The fund owned 7,596 shares of the exchange traded fund’s stock after selling 20,943 shares during the quarter. Unique Wealth LLC’s holdings in iShares U.S. Technology ETF were worth $1,378,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Monetary Solutions Ltd bought a new stake in iShares U.S. Technology ETF in the fourth quarter valued at approximately $26,000. Sankala Group LLC bought a new position in shares of iShares U.S. Technology ETF in the fourth quarter worth approximately $26,000. Triumph Capital Management purchased a new position in shares of iShares U.S. Technology ETF in the third quarter worth $28,000. Miller Capital Partners Inc. purchased a new position in shares of iShares U.S. Technology ETF in the fourth quarter worth $28,000. Finally, Kingdom Financial Group LLC. purchased a new position in shares of iShares U.S. Technology ETF in the fourth quarter worth $32,000. 57.65% of the stock is owned by hedge funds and other institutional investors.

iShares U.S. Technology ETF Stock Up 0.7%

NYSEARCA:IYW opened at $243.99 on Friday. The firm has a market capitalization of $24.00 billion, a P/E ratio of 34.95 and a beta of 1.36. The company has a fifty day moving average of $236.63 and a 200 day moving average of $209.38. iShares U.S. Technology ETF has a 52 week low of $170.17 and a 52 week high of $261.01.

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). 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.