iShares U.S. Technology ETF (NYSEARCA:IYW) Stake Cut by TSA Wealth Managment LLC

TSA Wealth Managment LLC reduced its holdings in iShares U.S. Technology ETF (NYSEARCA:IYW) by 4.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 44,762 shares of the exchange traded fund’s stock after selling 1,873 shares during the period. iShares U.S. Technology ETF comprises about 2.9% of TSA Wealth Managment LLC’s holdings, making the stock its 13th largest holding. TSA Wealth Managment LLC’s holdings in iShares U.S. Technology ETF were worth $7,140,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the business. FMR LLC raised its stake in shares of iShares U.S. Technology ETF by 11.0% during the 3rd quarter. FMR LLC now owns 62,648 shares of the exchange traded fund’s stock worth $9,499,000 after purchasing an additional 6,225 shares in the last quarter. Natixis Advisors LLC raised its stake in shares of iShares U.S. Technology ETF by 28.1% during the 3rd quarter. Natixis Advisors LLC now owns 16,136 shares of the exchange traded fund’s stock worth $2,447,000 after purchasing an additional 3,539 shares in the last quarter. Great Valley Advisor Group Inc. raised its stake in shares of iShares U.S. Technology ETF by 1.9% during the 3rd quarter. Great Valley Advisor Group Inc. now owns 3,963 shares of the exchange traded fund’s stock worth $600,000 after purchasing an additional 73 shares in the last quarter. Brown Brothers Harriman & Co. raised its stake in shares of iShares U.S. Technology ETF by 81.7% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 545 shares of the exchange traded fund’s stock worth $83,000 after purchasing an additional 245 shares in the last quarter. Finally, Citigroup Inc. raised its stake in shares of iShares U.S. Technology ETF by 84.1% during the 3rd quarter. Citigroup Inc. now owns 49,610 shares of the exchange traded fund’s stock worth $7,522,000 after purchasing an additional 22,667 shares in the last quarter.

iShares U.S. Technology ETF Stock Performance

Shares of IYW stock opened at $149.91 on Tuesday. The stock’s 50 day simple moving average is $161.14 and its 200 day simple moving average is $156.54. iShares U.S. Technology ETF has a twelve month low of $124.32 and a twelve month high of $167.30. The company has a market capitalization of $18.83 billion, a price-to-earnings ratio of 35.73 and a beta of 1.14.

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).