Chemistry Wealth Management LLC Trims Stake in iShares U.S. Technology ETF (NYSEARCA:IYW)

Chemistry Wealth Management LLC lowered its stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 6.4% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,510 shares of the exchange traded fund’s stock after selling 104 shares during the quarter. Chemistry Wealth Management LLC’s holdings in iShares U.S. Technology ETF were worth $212,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also bought and sold shares of the company. Headlands Technologies LLC purchased a new stake in iShares U.S. Technology ETF in the fourth quarter worth about $40,000. SRS Capital Advisors Inc. boosted its holdings in iShares U.S. Technology ETF by 43.7% in the fourth 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. Avion Wealth purchased a new stake in iShares U.S. Technology ETF in the fourth quarter worth approximately $47,000. Atala Financial Inc bought a new position in iShares U.S. Technology ETF in the fourth quarter worth approximately $52,000. Finally, Kestra Investment Management LLC bought a new position in iShares U.S. Technology ETF in the fourth quarter worth approximately $53,000.

iShares U.S. Technology ETF Price Performance

Shares of IYW stock opened at $163.54 on Friday. The company has a market capitalization of $20.08 billion, a price-to-earnings ratio of 35.28 and a beta of 1.23. iShares U.S. Technology ETF has a one year low of $117.55 and a one year high of $167.30. The company’s fifty day moving average price is $146.00 and its 200-day moving average price is $153.80.

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).