Bleakley Financial Group LLC Reduces Holdings in iShares U.S. Technology ETF (NYSEARCA:IYW)

Bleakley Financial Group LLC decreased its holdings in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 0.8% in the 4th quarter, Holdings Channel.com reports. The fund owned 52,227 shares of the exchange traded fund’s stock after selling 418 shares during the quarter. Bleakley Financial Group LLC’s holdings in iShares U.S. Technology ETF were worth $8,331,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Phillips Financial Management LLC boosted its position in shares of iShares U.S. Technology ETF by 1,545.5% during the 3rd quarter. Phillips Financial Management LLC now owns 181 shares of the exchange traded fund’s stock worth $27,000 after purchasing an additional 170 shares during the period. Brooklyn Investment Group boosted its position in shares of iShares U.S. Technology ETF by 84.3% during the fourth quarter. Brooklyn Investment Group now owns 199 shares of the exchange traded fund’s stock worth $32,000 after buying an additional 91 shares during the period. Activest Wealth Management acquired a new stake in shares of iShares U.S. Technology ETF in the third quarter valued at $52,000. China Universal Asset Management Co. Ltd. raised its holdings in shares of iShares U.S. Technology ETF by 37,900.0% in the 4th quarter. China Universal Asset Management Co. Ltd. now owns 380 shares of the exchange traded fund’s stock valued at $61,000 after buying an additional 379 shares during the period. Finally, Legacy Investment Solutions LLC acquired a new position in iShares U.S. Technology ETF during the 3rd quarter worth about $63,000.

iShares U.S. Technology ETF Price Performance

Shares of NYSEARCA:IYW opened at $161.22 on Thursday. The firm’s 50-day moving average is $161.83 and its two-hundred day moving average is $154.04. iShares U.S. Technology ETF has a 1 year low of $124.32 and a 1 year high of $166.83. The firm has a market capitalization of $19.81 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).