Maiden Cove Capital LLC Lowers Stock Holdings in iShares U.S. Technology ETF (NYSEARCA:IYW)

Maiden Cove Capital LLC reduced its holdings in iShares U.S. Technology ETF (NYSEARCA:IYW) by 10.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 2,959 shares of the exchange traded fund’s stock after selling 344 shares during the period. Maiden Cove Capital LLC’s holdings in iShares U.S. Technology ETF were worth $472,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in IYW. Mainstream Capital Management LLC grew its stake in shares of iShares U.S. Technology ETF by 1.3% in the fourth quarter. Mainstream Capital Management LLC now owns 4,945 shares of the exchange traded fund’s stock valued at $789,000 after buying an additional 63 shares in the last quarter. Great Valley Advisor Group Inc. increased its stake in shares of 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 worth $600,000 after buying an additional 73 shares during the period. XML Financial LLC raised 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 purchasing an additional 73 shares in the last quarter. Planning Directions Inc. raised its stake in iShares U.S. Technology ETF by 4.3% in the third quarter. Planning Directions Inc. now owns 1,945 shares of the exchange traded fund’s stock valued at $295,000 after buying an additional 81 shares in the last quarter. Finally, Nicolet Advisory Services LLC lifted its holdings in iShares U.S. Technology ETF by 2.9% during the 3rd quarter. Nicolet Advisory Services LLC now owns 2,909 shares of the exchange traded fund’s stock worth $436,000 after buying an additional 81 shares during the last quarter.

iShares U.S. Technology ETF Stock Up 3.1 %

Shares of IYW opened at $146.03 on Friday. The stock has a 50 day moving average price of $158.56 and a 200 day moving average price of $156.27. iShares U.S. Technology ETF has a 52-week low of $124.32 and a 52-week high of $167.30. The company has a market capitalization of $18.34 billion, a price-to-earnings ratio of 35.73 and a beta of 1.14.

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).