iShares U.S. Technology ETF (NYSEARCA:IYW) Shares Sold by Graypoint LLC

Graypoint LLC reduced its holdings in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 0.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 30,958 shares of the exchange traded fund’s stock after selling 197 shares during the period. Graypoint LLC’s holdings in iShares U.S. Technology ETF were worth $4,938,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also added to or reduced their stakes in the company. Phillips Financial Management LLC increased its holdings in shares of iShares U.S. Technology ETF by 1,545.5% during the third quarter. Phillips Financial Management LLC now owns 181 shares of the exchange traded fund’s stock valued at $27,000 after acquiring an additional 170 shares in the last quarter. Activest Wealth Management purchased a new stake in iShares U.S. Technology ETF during the 3rd quarter worth approximately $52,000. Legacy Investment Solutions LLC acquired a new position in iShares U.S. Technology ETF during the 3rd quarter valued at approximately $63,000. Brown Brothers Harriman & Co. raised its holdings in shares of iShares U.S. Technology ETF by 81.7% in the third quarter. Brown Brothers Harriman & Co. now owns 545 shares of the exchange traded fund’s stock worth $83,000 after buying an additional 245 shares during the last quarter. Finally, Truvestments Capital LLC acquired a new stake in shares of iShares U.S. Technology ETF during the third quarter worth $89,000.

iShares U.S. Technology ETF Stock Performance

IYW stock traded down $3.19 during midday trading on Friday, reaching $157.85. The stock had a trading volume of 1,321,914 shares, compared to its average volume of 1,061,080. The firm has a fifty day simple moving average of $160.84 and a two-hundred day simple moving average of $153.08. iShares U.S. Technology ETF has a 52-week low of $121.05 and a 52-week high of $166.47. The stock has a market cap of $19.39 billion, a PE 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).