Sigma Planning Corp Cuts Stake in iShares U.S. Technology ETF $IYW

Sigma Planning Corp reduced its stake in iShares U.S. Technology ETF (NYSEARCA:IYW) by 7.0% during the fourth quarter, according to its most recent filing with the SEC. The fund owned 33,539 shares of the exchange traded fund’s stock after selling 2,536 shares during the quarter. Sigma Planning Corp’s holdings in iShares U.S. Technology ETF were worth $6,697,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Human Investing LLC increased its position in shares of iShares U.S. Technology ETF by 2.7% in the third quarter. Human Investing LLC now owns 1,853 shares of the exchange traded fund’s stock worth $363,000 after purchasing an additional 49 shares during the last quarter. CWA Asset Management Group LLC grew its holdings in shares of iShares U.S. Technology ETF by 0.7% in the fourth quarter. CWA Asset Management Group LLC now owns 6,955 shares of the exchange traded fund’s stock worth $1,389,000 after purchasing an additional 50 shares during the last quarter. Howard Capital Management Inc. grew its holdings in shares of iShares U.S. Technology ETF by 1.0% in the third quarter. Howard Capital Management Inc. now owns 5,403 shares of the exchange traded fund’s stock worth $1,058,000 after purchasing an additional 54 shares during the last quarter. Occidental Asset Management LLC grew its holdings in shares of iShares U.S. Technology ETF by 1.2% in the third quarter. Occidental Asset Management LLC now owns 4,860 shares of the exchange traded fund’s stock worth $952,000 after purchasing an additional 56 shares during the last quarter. Finally, Greenleaf Trust grew its holdings in shares of iShares U.S. Technology ETF by 1.0% in the third quarter. Greenleaf Trust now owns 5,715 shares of the exchange traded fund’s stock worth $1,119,000 after purchasing an additional 58 shares during the last quarter. 57.65% of the stock is owned by hedge funds and other institutional investors.

iShares U.S. Technology ETF Stock Up 1.0%

Shares of IYW stock opened at $218.11 on Friday. The stock has a fifty day moving average of $194.62 and a 200 day moving average of $197.61. iShares U.S. Technology ETF has a 52 week low of $144.44 and a 52 week high of $218.59. The firm has a market capitalization of $21.42 billion, a price-to-earnings ratio of 34.95 and a beta of 1.27.

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). The Index measures the performance of the technology sector of the United States equity market, and includes companies in the industry groups, such as software and computer services and technology hardware and equipment.