Thrivent Financial for Lutherans Reduces Holdings in iShares U.S. Technology ETF (NYSEARCA:IYW)

Thrivent Financial for Lutherans lessened its position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 0.2% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 275,408 shares of the exchange traded fund’s stock after selling 652 shares during the quarter. Thrivent Financial for Lutherans owned about 0.22% of iShares U.S. Technology ETF worth $44,118,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the business. LPL Financial LLC raised its position in iShares U.S. Technology ETF by 3.0% in the third quarter. LPL Financial LLC now owns 4,133,439 shares of the exchange traded fund’s stock valued at $626,712,000 after purchasing an additional 120,614 shares during the period. Raymond James Financial Inc. acquired a new stake in shares of iShares U.S. Technology ETF during the 4th quarter worth about $256,146,000. Dynasty Wealth Management LLC raised its holdings in iShares U.S. Technology ETF by 54.8% in the 4th quarter. Dynasty Wealth Management LLC now owns 1,404,039 shares of the exchange traded fund’s stock valued at $223,972,000 after buying an additional 497,043 shares during the period. Park Avenue Securities LLC boosted its stake in iShares U.S. Technology ETF by 2.0% during the fourth quarter. Park Avenue Securities LLC now owns 931,780 shares of the exchange traded fund’s stock worth $148,638,000 after buying an additional 18,382 shares during the period. Finally, Commonwealth Equity Services LLC increased its position in shares of iShares U.S. Technology ETF by 1.6% during the fourth quarter. Commonwealth Equity Services LLC now owns 873,105 shares of the exchange traded fund’s stock valued at $139,278,000 after acquiring an additional 13,670 shares during the last quarter.

iShares U.S. Technology ETF Stock Performance

iShares U.S. Technology ETF stock opened at $146.21 on Thursday. The company’s 50 day simple moving average is $157.23 and its 200-day simple moving average is $156.29. iShares U.S. Technology ETF has a 1 year low of $124.32 and a 1 year high of $167.30. The company has a market capitalization of $18.24 billion, a price-to-earnings ratio of 33.00 and a beta of 1.16.

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).