iShares U.S. Technology ETF (NYSEARCA:IYW) Shares Sold by Hanlon Investment Management Inc.

Hanlon Investment Management Inc. decreased its stake in iShares U.S. Technology ETF (NYSEARCA:IYW) by 22.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,612 shares of the exchange traded fund’s stock after selling 738 shares during the period. Hanlon Investment Management Inc.’s holdings in iShares U.S. Technology ETF were worth $417,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Brooklyn Investment Group lifted its stake in iShares U.S. Technology ETF by 84.3% in the fourth quarter. Brooklyn Investment Group now owns 199 shares of the exchange traded fund’s stock valued at $32,000 after buying an additional 91 shares during the last quarter. Headlands Technologies LLC bought a new stake in iShares U.S. Technology ETF in the 4th quarter valued at about $40,000. Avion Wealth acquired a new position in iShares U.S. Technology ETF during the 4th quarter valued at about $47,000. SRS Capital Advisors Inc. grew its position in iShares U.S. Technology ETF by 43.7% in the 4th quarter. SRS Capital Advisors Inc. now owns 296 shares of the exchange traded fund’s stock worth $47,000 after purchasing an additional 90 shares during the last quarter. Finally, Atala Financial Inc acquired a new stake in shares of iShares U.S. Technology ETF in the fourth quarter valued at approximately $52,000.

iShares U.S. Technology ETF Trading Up 2.1 %

IYW opened at $135.70 on Monday. iShares U.S. Technology ETF has a twelve month low of $117.55 and a twelve month high of $167.30. The stock has a market cap of $16.92 billion, a PE ratio of 31.74 and a beta of 1.22. The business’s 50 day moving average is $148.70 and its 200-day moving average is $155.28.

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).