Rollins Financial Advisors LLC Sells 5,203 Shares of iShares U.S. Technology ETF $IYW

Rollins Financial Advisors LLC cut its stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 7.7% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 62,328 shares of the exchange traded fund’s stock after selling 5,203 shares during the period. iShares U.S. Technology ETF accounts for about 1.8% of Rollins Financial Advisors LLC’s investment portfolio, making the stock its 14th biggest holding. Rollins Financial Advisors LLC owned 0.06% of iShares U.S. Technology ETF worth $12,446,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. Money Concepts Capital Corp boosted its holdings in shares of iShares U.S. Technology ETF by 6.2% in the 4th quarter. Money Concepts Capital Corp now owns 12,703 shares of the exchange traded fund’s stock valued at $2,537,000 after buying an additional 746 shares during the last quarter. KLCM Advisors Inc. bought a new position in shares of iShares U.S. Technology ETF in the fourth quarter valued at $229,000. American Institute for Advanced Investment Management LLP increased its holdings in iShares U.S. Technology ETF by 6.5% during the fourth quarter. American Institute for Advanced Investment Management LLP now owns 7,170 shares of the exchange traded fund’s stock worth $1,432,000 after buying an additional 437 shares during the last quarter. Trek Financial LLC increased its holdings in iShares U.S. Technology ETF by 863.7% during the fourth quarter. Trek Financial LLC now owns 30,404 shares of the exchange traded fund’s stock worth $6,071,000 after buying an additional 27,249 shares during the last quarter. Finally, Pure Financial Advisors LLC bought a new stake in iShares U.S. Technology ETF during the fourth quarter worth $221,000. 57.65% of the stock is currently owned by institutional investors.

iShares U.S. Technology ETF Price Performance

Shares of IYW stock opened at $237.07 on Wednesday. The stock has a market cap of $23.32 billion, a P/E ratio of 34.95 and a beta of 1.33. The company has a fifty day moving average price of $199.66 and a two-hundred day moving average price of $199.17. iShares U.S. Technology ETF has a one year low of $154.02 and a one year high of $241.05.

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.