MML Investors Services LLC Sells 48,166 Shares of iShares U.S. Technology ETF (NYSEARCA:IYW)

MML Investors Services LLC trimmed its holdings in iShares U.S. Technology ETF (NYSEARCA:IYW) by 5.5% in the third quarter, Holdings Channel reports. The institutional investor owned 825,812 shares of the exchange traded fund’s stock after selling 48,166 shares during the quarter. MML Investors Services LLC’s holdings in iShares U.S. Technology ETF were worth $125,210,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in IYW. Natixis Advisors LLC raised its position in shares of iShares U.S. Technology ETF by 28.1% in the third quarter. Natixis Advisors LLC now owns 16,136 shares of the exchange traded fund’s stock worth $2,447,000 after buying an additional 3,539 shares in the last quarter. Ascent Group LLC increased its holdings in shares of iShares U.S. Technology ETF by 22.7% in the second quarter. Ascent Group LLC now owns 43,612 shares of the exchange traded fund’s stock worth $6,564,000 after buying an additional 8,077 shares during the period. Great Valley Advisor Group Inc. lifted its position in iShares U.S. Technology ETF by 1.9% in the third quarter. Great Valley Advisor Group Inc. now owns 3,963 shares of the exchange traded fund’s stock valued at $600,000 after purchasing an additional 73 shares during the last quarter. Brown Brothers Harriman & Co. grew its holdings in iShares U.S. Technology ETF by 81.7% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 545 shares of the exchange traded fund’s stock worth $83,000 after acquiring an additional 245 shares during the last quarter. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors purchased a new position in iShares U.S. Technology ETF during the 2nd quarter valued at about $232,000.

iShares U.S. Technology ETF Stock Up 0.5 %

Shares of iShares U.S. Technology ETF stock opened at $165.43 on Friday. iShares U.S. Technology ETF has a 52 week low of $116.56 and a 52 week high of $165.92. The company has a market cap of $20.32 billion, a PE ratio of 38.84 and a beta of 1.43. The business has a 50 day moving average of $156.50 and a 200 day moving average of $150.18.

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).