Optivise Advisory Services LLC Sells 768 Shares of iShares U.S. Technology ETF (NYSEARCA:IYW)

Optivise Advisory Services LLC cut its stake in iShares U.S. Technology ETF (NYSEARCA:IYW) by 12.5% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 5,395 shares of the exchange traded fund’s stock after selling 768 shares during the quarter. Optivise Advisory Services LLC’s holdings in iShares U.S. Technology ETF were worth $758,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of IYW. Strategic Equity Management boosted its position in iShares U.S. Technology ETF by 9.9% during the 4th quarter. Strategic Equity Management now owns 15,650 shares of the exchange traded fund’s stock valued at $2,497,000 after acquiring an additional 1,408 shares in the last quarter. Sheaff Brock Investment Advisors LLC boosted its position in iShares U.S. Technology ETF by 166.7% during the 4th quarter. Sheaff Brock Investment Advisors LLC now owns 1,600 shares of the exchange traded fund’s stock valued at $255,000 after acquiring an additional 1,000 shares in the last quarter. Truist Financial Corp boosted its position in iShares U.S. Technology ETF by 1.9% during the 4th quarter. Truist Financial Corp now owns 155,631 shares of the exchange traded fund’s stock valued at $24,826,000 after acquiring an additional 2,975 shares in the last quarter. Empower Advisory Group LLC boosted its position in iShares U.S. Technology ETF by 12.1% during the 4th quarter. Empower Advisory Group LLC now owns 4,925 shares of the exchange traded fund’s stock valued at $786,000 after acquiring an additional 530 shares in the last quarter. Finally, D.A. Davidson & CO. boosted its position in iShares U.S. Technology ETF by 2.0% during the 4th quarter. D.A. Davidson & CO. now owns 19,421 shares of the exchange traded fund’s stock valued at $3,098,000 after acquiring an additional 382 shares in the last quarter.

iShares U.S. Technology ETF Stock Performance

IYW stock opened at $164.89 on Wednesday. The firm has a 50 day moving average price of $150.87 and a 200-day moving average price of $154.05. iShares U.S. Technology ETF has a 52-week low of $117.55 and a 52-week high of $167.30. The firm has a market capitalization of $20.25 billion, a price-to-earnings ratio of 35.28 and a beta of 1.23.

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).