Glenview Trust Co Lowers Stake in iShares U.S. Technology ETF $IYW

Glenview Trust Co cut its position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 12.0% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 15,060 shares of the exchange traded fund’s stock after selling 2,060 shares during the quarter. Glenview Trust Co’s holdings in iShares U.S. Technology ETF were worth $2,732,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of IYW. Bartlett & CO. Wealth Management LLC raised its stake in shares of iShares U.S. Technology ETF by 20.6% in the 4th quarter. Bartlett & CO. Wealth Management LLC now owns 42,286 shares of the exchange traded fund’s stock valued at $8,444,000 after acquiring an additional 7,217 shares during the period. JPMorgan Chase & Co. boosted its position in iShares U.S. Technology ETF by 34.4% during the 4th quarter. JPMorgan Chase & Co. now owns 4,033,291 shares of the exchange traded fund’s stock worth $805,368,000 after purchasing an additional 1,031,871 shares during the period. Farther Finance Advisors LLC boosted its position in iShares U.S. Technology ETF by 4.7% during the 4th quarter. Farther Finance Advisors LLC now owns 60,006 shares of the exchange traded fund’s stock worth $11,982,000 after purchasing an additional 2,674 shares during the period. Tudor Investment Corp ET AL increased its holdings in iShares U.S. Technology ETF by 714.4% in the 3rd quarter. Tudor Investment Corp ET AL now owns 23,284 shares of the exchange traded fund’s stock valued at $4,560,000 after purchasing an additional 20,425 shares in the last quarter. Finally, ASL Financial LLC acquired a new stake in iShares U.S. Technology ETF in the 4th quarter valued at $718,000. 57.65% of the stock is currently owned by hedge funds and other institutional investors.

iShares U.S. Technology ETF Price Performance

NYSEARCA:IYW opened at $244.45 on Wednesday. The business’s 50-day moving average is $245.81 and its two-hundred day moving average is $215.04. iShares U.S. Technology ETF has a 12 month low of $172.54 and a 12 month high of $261.01. The firm has a market capitalization of $24.58 billion, a PE ratio of 34.95 and a beta of 1.35.

About iShares U.S. Technology ETF

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.