Raymond James Trust N.A. Cuts Stock Position in iShares U.S. Technology ETF (NYSEARCA:IYW)

Raymond James Trust N.A. trimmed its position in iShares U.S. Technology ETF (NYSEARCA:IYW) by 10.3% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 15,308 shares of the exchange traded fund’s stock after selling 1,763 shares during the period. Raymond James Trust N.A.’s holdings in iShares U.S. Technology ETF were worth $2,321,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Rosenberg Matthew Hamilton increased its stake in shares of iShares U.S. Technology ETF by 133.8% during the second quarter. Rosenberg Matthew Hamilton now owns 166 shares of the exchange traded fund’s stock worth $25,000 after acquiring an additional 95 shares during the period. Central Bank & Trust Co. raised its stake in shares of iShares U.S. Technology ETF by 343.6% during the 2nd quarter. Central Bank & Trust Co. now owns 173 shares of the exchange traded fund’s stock worth $26,000 after buying an additional 134 shares in the last quarter. Phillips Financial Management LLC raised its stake in shares of 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 in the last quarter. Chris Bulman Inc acquired a new stake in shares of iShares U.S. Technology ETF in the 2nd quarter valued at approximately $41,000. Finally, Activest Wealth Management purchased a new stake in shares of iShares U.S. Technology ETF in the third quarter valued at approximately $52,000.

iShares U.S. Technology ETF Stock Performance

NYSEARCA:IYW opened at $159.05 on Friday. iShares U.S. Technology ETF has a 1 year low of $114.84 and a 1 year high of $161.49. The stock has a fifty day moving average price of $154.05 and a two-hundred day moving average price of $148.46. The stock has a market capitalization of $19.54 billion, a price-to-earnings ratio of 38.84 and a beta of 1.43.

About iShares U.S. Technology ETF

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).