iShares U.S. Technology ETF (NYSEARCA:IYW) Shares Sold by First Horizon Advisors Inc.

First Horizon Advisors Inc. decreased its holdings in iShares U.S. Technology ETF (NYSEARCA:IYW) by 7.5% during the 4th quarter, HoldingsChannel reports. The fund owned 90,468 shares of the exchange traded fund’s stock after selling 7,355 shares during the quarter. First Horizon Advisors Inc.’s holdings in iShares U.S. Technology ETF were worth $14,432,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. Phillips Financial Management LLC lifted its holdings in iShares U.S. Technology ETF by 1,545.5% during the 3rd quarter. Phillips Financial Management LLC now owns 181 shares of the exchange traded fund’s stock worth $27,000 after buying an additional 170 shares during the last quarter. Brooklyn Investment Group raised its position in shares of iShares U.S. Technology ETF by 84.3% during the 4th quarter. Brooklyn Investment Group now owns 199 shares of the exchange traded fund’s stock worth $32,000 after purchasing an additional 91 shares during the period. Avion Wealth bought a new stake in shares of iShares U.S. Technology ETF in the 4th quarter worth approximately $47,000. Activest Wealth Management acquired a new position in iShares U.S. Technology ETF during the 3rd quarter valued at approximately $52,000. Finally, Kestra Investment Management LLC acquired a new position in shares of iShares U.S. Technology ETF during the fourth quarter valued at $53,000.

iShares U.S. Technology ETF Stock Down 2.6 %

Shares of NYSEARCA:IYW opened at $161.55 on Friday. The company’s 50-day moving average price is $162.06 and its 200 day moving average price is $155.82. The company has a market cap of $19.85 billion, a PE ratio of 38.84 and a beta of 1.43. iShares U.S. Technology ETF has a fifty-two week low of $124.32 and a fifty-two week high of $167.30.

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).