Nwam LLC Cuts Stock Position in iShares U.S. Technology ETF $IYW

Nwam LLC lessened its holdings in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 22.5% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 11,769 shares of the exchange traded fund’s stock after selling 3,423 shares during the quarter. Nwam LLC’s holdings in iShares U.S. Technology ETF were worth $2,135,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Morgan Stanley boosted its position in iShares U.S. Technology ETF by 3.3% in the 4th quarter. Morgan Stanley now owns 5,773,004 shares of the exchange traded fund’s stock valued at $1,152,754,000 after buying an additional 186,297 shares during the period. JPMorgan Chase & Co. grew its stake in shares of iShares U.S. Technology ETF by 34.4% in the fourth quarter. JPMorgan Chase & Co. now owns 4,033,291 shares of the exchange traded fund’s stock worth $805,368,000 after acquiring an additional 1,031,871 shares in the last quarter. UBS Group AG increased its position in shares of iShares U.S. Technology ETF by 4.0% during the third quarter. UBS Group AG now owns 1,882,618 shares of the exchange traded fund’s stock worth $368,730,000 after acquiring an additional 72,485 shares during the period. Raymond James Financial Inc. increased its position in shares of iShares U.S. Technology ETF by 6.5% during the second quarter. Raymond James Financial Inc. now owns 1,598,623 shares of the exchange traded fund’s stock worth $276,993,000 after acquiring an additional 97,389 shares during the period. Finally, Ameriprise Financial Inc. raised its stake in shares of iShares U.S. Technology ETF by 2.4% in the second quarter. Ameriprise Financial Inc. now owns 1,156,536 shares of the exchange traded fund’s stock valued at $200,481,000 after acquiring an additional 27,056 shares in the last quarter. Hedge funds and other institutional investors own 57.65% of the company’s stock.

iShares U.S. Technology ETF Trading Up 0.1%

NYSEARCA:IYW opened at $248.45 on Thursday. The firm has a market cap of $24.99 billion, a PE ratio of 34.95 and a beta of 1.35. The stock has a fifty day moving average price of $245.45 and a 200 day moving average price of $213.91. iShares U.S. Technology ETF has a 12-month low of $172.54 and a 12-month high of $261.01.

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.