iShares U.S. Technology ETF $IYW Shares Sold by Mmbg Investment Advisors CO.

Mmbg Investment Advisors CO. reduced its holdings in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 18.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,206 shares of the exchange traded fund’s stock after selling 3,479 shares during the period. Mmbg Investment Advisors CO.’s holdings in iShares U.S. Technology ETF were worth $3,036,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in IYW. Axxcess Wealth Management LLC acquired a new position in iShares U.S. Technology ETF during the 4th quarter valued at about $41,199,000. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main grew its stake in iShares U.S. Technology ETF by 14,772.9% during the 2nd quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 171,187 shares of the exchange traded fund’s stock valued at $29,662,000 after purchasing an additional 170,036 shares during the last quarter. BNP Paribas Financial Markets grew its stake in iShares U.S. Technology ETF by 11,291.6% during the 3rd quarter. BNP Paribas Financial Markets now owns 144,445 shares of the exchange traded fund’s stock valued at $28,291,000 after purchasing an additional 143,177 shares during the last quarter. Raymond James Financial Inc. grew its stake in iShares U.S. Technology ETF by 6.5% during the 2nd quarter. Raymond James Financial Inc. now owns 1,598,623 shares of the exchange traded fund’s stock valued at $276,993,000 after purchasing an additional 97,389 shares during the last quarter. Finally, TBH Global Asset Management LLC grew its stake in iShares U.S. Technology ETF by 2,656.6% during the 4th quarter. TBH Global Asset Management LLC now owns 89,590 shares of the exchange traded fund’s stock valued at $17,889,000 after purchasing an additional 86,340 shares during the last quarter. 57.65% of the stock is owned by institutional investors and hedge funds.

iShares U.S. Technology ETF Stock Performance

iShares U.S. Technology ETF stock opened at $241.77 on Tuesday. The business’s 50-day simple moving average is $208.45 and its two-hundred day simple moving average is $201.26. The company has a market cap of $23.78 billion, a PE ratio of 34.95 and a beta of 1.33. iShares U.S. Technology ETF has a fifty-two week low of $154.02 and a fifty-two week high of $243.69.

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). 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.