Blue Trust Inc. Cuts Stake in iShares U.S. Technology ETF (NYSEARCA:IYW)

Blue Trust Inc. lessened its holdings in shares of iShares U.S. Technology ETF (NYSEARCA:IYWFree Report) by 3.7% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 67,792 shares of the exchange traded fund’s stock after selling 2,617 shares during the period. Blue Trust Inc. owned approximately 0.06% of iShares U.S. Technology ETF worth $10,203,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the business. Rosenberg Matthew Hamilton grew its position in iShares U.S. Technology ETF by 133.8% during the 2nd quarter. Rosenberg Matthew Hamilton now owns 166 shares of the exchange traded fund’s stock worth $25,000 after purchasing an additional 95 shares during the last quarter. Central Bank & Trust Co. increased its position in shares of iShares U.S. Technology ETF by 343.6% in the 2nd quarter. Central Bank & Trust Co. now owns 173 shares of the exchange traded fund’s stock valued at $26,000 after acquiring an additional 134 shares during the period. VitalStone Financial LLC purchased a new position in iShares U.S. Technology ETF in the 1st quarter worth $36,000. Chris Bulman Inc acquired a new stake in iShares U.S. Technology ETF during the 2nd quarter worth about $41,000. Finally, Cultivar Capital Inc. acquired a new stake in iShares U.S. Technology ETF during the 2nd quarter worth about $53,000.

iShares U.S. Technology ETF Stock Up 0.4 %

iShares U.S. Technology ETF stock opened at $155.20 on Friday. iShares U.S. Technology ETF has a 52 week low of $100.84 and a 52 week high of $158.97. The company has a market capitalization of $19.07 billion, a price-to-earnings ratio of 38.84 and a beta of 1.43. The stock has a 50-day moving average price of $148.35 and a 200 day moving average price of $143.90.

About iShares U.S. Technology ETF

(Free Report)

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).

Further Reading

Want to see what other hedge funds are holding IYW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares U.S. Technology ETF (NYSEARCA:IYWFree Report).

Institutional Ownership by Quarter for iShares U.S. Technology ETF (NYSEARCA:IYW)

Receive News & Ratings for iShares U.S. Technology ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares U.S. Technology ETF and related companies with MarketBeat.com's FREE daily email newsletter.