Partners Capital Investment Group LLP Sells 16,989 Shares of iShares U.S. Technology ETF (NYSEARCA:IYW)

Partners Capital Investment Group LLP decreased its position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 16.1% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 88,808 shares of the exchange traded fund’s stock after selling 16,989 shares during the quarter. Partners Capital Investment Group LLP’s holdings in iShares U.S. Technology ETF were worth $14,167,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in IYW. International Assets Investment Management LLC lifted its stake in shares of iShares U.S. Technology ETF by 29,435.7% during the 3rd quarter. International Assets Investment Management LLC now owns 3,190,156 shares of the exchange traded fund’s stock worth $483,691,000 after purchasing an additional 3,179,355 shares during the last quarter. The Manufacturers Life Insurance Company lifted its stake in shares of iShares U.S. Technology ETF by 4,550.8% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 553,450 shares of the exchange traded fund’s stock worth $83,914,000 after purchasing an additional 541,550 shares during the last quarter. HighTower Advisors LLC lifted its stake in shares of iShares U.S. Technology ETF by 55.1% during the 3rd quarter. HighTower Advisors LLC now owns 360,435 shares of the exchange traded fund’s stock worth $54,626,000 after purchasing an additional 128,052 shares during the last quarter. LPL Financial LLC lifted its stake in shares of iShares U.S. Technology ETF by 3.0% during the 3rd quarter. LPL Financial LLC now owns 4,133,439 shares of the exchange traded fund’s stock worth $626,712,000 after purchasing an additional 120,614 shares during the last quarter. Finally, Strategic Financial Concepts LLC purchased a new stake in shares of iShares U.S. Technology ETF during the 4th quarter worth $15,272,000.

iShares U.S. Technology ETF Price Performance

Shares of NYSEARCA IYW opened at $165.87 on Monday. The stock has a market capitalization of $20.38 billion, a P/E ratio of 38.84 and a beta of 1.43. iShares U.S. Technology ETF has a 1-year low of $124.32 and a 1-year high of $166.83. The business has a fifty day moving average price of $161.93 and a 200 day moving average price of $154.96.

iShares U.S. Technology ETF 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).