LongView Wealth Management decreased its position in iShares U.S. Technology ETF (NYSEARCA:IYW – Free Report) by 4.3% during the third quarter, HoldingsChannel.com reports. The firm owned 13,039 shares of the exchange traded fund’s stock after selling 580 shares during the quarter. LongView Wealth Management’s holdings in iShares U.S. Technology ETF were worth $1,977,000 as of its most recent SEC filing.
A number of other hedge funds also recently bought and sold shares of IYW. FIL Ltd raised its position in iShares U.S. Technology ETF by 33.2% in the 4th quarter. FIL Ltd now owns 1,456,287 shares of the exchange traded fund’s stock worth $178,759,000 after buying an additional 363,201 shares during the last quarter. Novak & Powell Financial Services Inc. purchased a new position in iShares U.S. Technology ETF in the 4th quarter worth about $216,000. Raleigh Capital Management Inc. raised its position in iShares U.S. Technology ETF by 18.6% in the 4th quarter. Raleigh Capital Management Inc. now owns 7,197 shares of the exchange traded fund’s stock worth $883,000 after buying an additional 1,127 shares during the last quarter. Sierra Summit Advisors LLC purchased a new position in iShares U.S. Technology ETF in the 4th quarter worth about $591,000. Finally, Beacon Financial Group purchased a new position in iShares U.S. Technology ETF in the 4th quarter worth about $2,414,000.
iShares U.S. Technology ETF Stock Performance
Shares of NYSEARCA:IYW opened at $155.00 on Friday. iShares U.S. Technology ETF has a fifty-two week low of $100.84 and a fifty-two week high of $158.97. The business has a 50-day simple moving average of $146.40 and a two-hundred day simple moving average of $143.21. The firm has a market cap of $19.04 billion, a price-to-earnings ratio of 38.84 and a beta of 1.43.
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).
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