Level Four Advisory Services LLC Trims Holdings in iShares U.S. Technology ETF (NYSEARCA:IYW)

Level Four Advisory Services LLC lowered its holdings in iShares U.S. Technology ETF (NYSEARCA:IYW) by 14.4% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 2,139 shares of the exchange traded fund’s stock after selling 360 shares during the period. Level Four Advisory Services LLC’s holdings in iShares U.S. Technology ETF were worth $341,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of IYW. Raymond James Financial Inc. bought a new position in shares of iShares U.S. Technology ETF during the fourth quarter valued at approximately $256,146,000. LPL Financial LLC raised its holdings in iShares U.S. Technology ETF by 23.7% in the 4th quarter. LPL Financial LLC now owns 5,111,322 shares of the exchange traded fund’s stock worth $815,358,000 after purchasing an additional 977,883 shares in the last quarter. Dynasty Wealth Management LLC raised its holdings in iShares U.S. Technology ETF by 54.8% in the 4th quarter. Dynasty Wealth Management LLC now owns 1,404,039 shares of the exchange traded fund’s stock worth $223,972,000 after purchasing an additional 497,043 shares in the last quarter. JPMorgan Chase & Co. lifted its position in shares of iShares U.S. Technology ETF by 10.1% in the 4th quarter. JPMorgan Chase & Co. now owns 3,420,965 shares of the exchange traded fund’s stock worth $545,713,000 after purchasing an additional 314,689 shares during the period. Finally, Atlas Legacy Advisors LLC bought a new stake in shares of iShares U.S. Technology ETF during the 4th quarter valued at about $38,293,000.

iShares U.S. Technology ETF Price Performance

IYW stock opened at $140.44 on Tuesday. iShares U.S. Technology ETF has a 1 year low of $124.32 and a 1 year high of $167.30. The firm has a 50-day moving average of $155.03 and a 200 day moving average of $156.57. The company has a market cap of $17.51 billion, a P/E ratio of 31.74 and a beta of 1.22.

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).