Wealth Alliance Sells 1,685 Shares of iShares U.S. Technology ETF (NYSEARCA:IYW)

Wealth Alliance reduced its position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 3.3% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 48,946 shares of the exchange traded fund’s stock after selling 1,685 shares during the quarter. iShares U.S. Technology ETF comprises approximately 0.9% of Wealth Alliance’s holdings, making the stock its 16th largest holding. Wealth Alliance’s holdings in iShares U.S. Technology ETF were worth $7,808,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of IYW. Great Valley Advisor Group Inc. lifted its position in iShares U.S. Technology ETF by 1.9% during the third quarter. Great Valley Advisor Group Inc. now owns 3,963 shares of the exchange traded fund’s stock valued at $600,000 after purchasing an additional 73 shares during the last quarter. XML Financial LLC lifted its holdings in shares of iShares U.S. Technology ETF by 1.7% in the 4th quarter. XML Financial LLC now owns 4,396 shares of the exchange traded fund’s stock valued at $701,000 after acquiring an additional 73 shares during the last quarter. Saxony Capital Management LLC grew its position in iShares U.S. Technology ETF by 5.4% in the third quarter. Saxony Capital Management LLC now owns 1,473 shares of the exchange traded fund’s stock worth $223,000 after acquiring an additional 76 shares in the last quarter. Planning Directions Inc. increased its stake in iShares U.S. Technology ETF by 4.3% during the third quarter. Planning Directions Inc. now owns 1,945 shares of the exchange traded fund’s stock worth $295,000 after acquiring an additional 81 shares during the last quarter. Finally, Nicolet Advisory Services LLC raised its position in iShares U.S. Technology ETF by 2.9% during the third quarter. Nicolet Advisory Services LLC now owns 2,909 shares of the exchange traded fund’s stock valued at $436,000 after purchasing an additional 81 shares during the period.

iShares U.S. Technology ETF Stock Performance

Shares of iShares U.S. Technology ETF stock opened at $166.66 on Thursday. The stock has a market cap of $20.47 billion, a price-to-earnings ratio of 38.84 and a beta of 1.43. The stock has a 50 day moving average price of $162.08 and a 200-day moving average price of $155.41. iShares U.S. Technology ETF has a one year low of $124.32 and a one year high of $167.30.

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).