Outlook Wealth Advisors LLC Sells 434 Shares of iShares U.S. Technology ETF (NYSEARCA:IYW)

Outlook Wealth Advisors LLC lessened its stake in iShares U.S. Technology ETF (NYSEARCA:IYW) by 4.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 9,933 shares of the exchange traded fund’s stock after selling 434 shares during the period. Outlook Wealth Advisors LLC’s holdings in iShares U.S. Technology ETF were worth $1,585,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of IYW. Phillips Financial Management LLC increased its position in iShares U.S. Technology ETF by 1,545.5% during the third quarter. Phillips Financial Management LLC now owns 181 shares of the exchange traded fund’s stock valued at $27,000 after acquiring an additional 170 shares during the last quarter. Activest Wealth Management bought a new position in shares of iShares U.S. Technology ETF in the 3rd quarter worth approximately $52,000. Legacy Investment Solutions LLC bought a new stake in iShares U.S. Technology ETF during the third quarter valued at approximately $63,000. PSI Advisors LLC increased its holdings in iShares U.S. Technology ETF by 36.2% during the fourth quarter. PSI Advisors LLC now owns 463 shares of the exchange traded fund’s stock valued at $74,000 after buying an additional 123 shares during the last quarter. Finally, Brown Brothers Harriman & Co. grew its stake in shares of iShares U.S. Technology ETF by 81.7% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 545 shares of the exchange traded fund’s stock valued at $83,000 after acquiring an additional 245 shares during the period.

iShares U.S. Technology ETF Price Performance

IYW opened at $160.16 on Thursday. The firm has a market cap of $19.68 billion, a P/E ratio of 38.84 and a beta of 1.43. The company has a 50 day simple moving average of $161.17 and a two-hundred day simple moving average of $153.32. iShares U.S. Technology ETF has a 1-year low of $121.05 and a 1-year high of $166.47.

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).