SSI Investment Management LLC Has $4.81 Million Holdings in iShares U.S. Technology ETF (NYSEARCA:IYW)

SSI Investment Management LLC reduced its position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 19.5% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 31,750 shares of the exchange traded fund’s stock after selling 7,670 shares during the period. SSI Investment Management LLC’s holdings in iShares U.S. Technology ETF were worth $4,814,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of IYW. Rosenberg Matthew Hamilton increased its holdings in shares of iShares U.S. Technology ETF by 133.8% during the 2nd quarter. Rosenberg Matthew Hamilton now owns 166 shares of the exchange traded fund’s stock worth $25,000 after purchasing an additional 95 shares during the period. Central Bank & Trust Co. lifted its holdings in iShares U.S. Technology ETF by 343.6% during the 2nd quarter. Central Bank & Trust Co. now owns 173 shares of the exchange traded fund’s stock valued at $26,000 after purchasing an additional 134 shares during the last quarter. Phillips Financial Management LLC boosted its holdings in shares of iShares U.S. Technology ETF by 1,545.5% in the 3rd quarter. Phillips Financial Management LLC now owns 181 shares of the exchange traded fund’s stock worth $27,000 after acquiring an additional 170 shares in the last quarter. Chris Bulman Inc bought a new stake in shares of iShares U.S. Technology ETF during the second quarter worth $41,000. Finally, Cultivar Capital Inc. bought a new stake in iShares U.S. Technology ETF during the 2nd quarter worth about $53,000.

iShares U.S. Technology ETF Trading Down 0.1 %

Shares of IYW stock opened at $157.91 on Thursday. iShares U.S. Technology ETF has a 1 year low of $114.84 and a 1 year high of $161.49. The firm’s 50 day moving average is $153.56 and its 200-day moving average is $148.11. The firm has a market capitalization of $19.40 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).