iShares U.S. Technology ETF (NYSEARCA:IYW) Shares Sold by Cobblestone Asset Management LLC

Cobblestone Asset Management LLC decreased its stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 10.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 20,071 shares of the exchange traded fund’s stock after selling 2,315 shares during the period. iShares U.S. Technology ETF makes up 2.1% of Cobblestone Asset Management LLC’s portfolio, making the stock its 17th biggest position. Cobblestone Asset Management LLC’s holdings in iShares U.S. Technology ETF were worth $3,202,000 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. Phillips Financial Management LLC lifted its position 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 valued at $27,000 after acquiring 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 fourth 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. Activest Wealth Management purchased a new stake in shares of iShares U.S. Technology ETF during the third quarter valued at $52,000. Legacy Investment Solutions LLC acquired a new position in shares of iShares U.S. Technology ETF in the 3rd quarter valued at $63,000. Finally, PSI Advisors LLC increased its stake in iShares U.S. Technology ETF by 36.2% in the 4th quarter. PSI Advisors LLC now owns 463 shares of the exchange traded fund’s stock worth $74,000 after purchasing an additional 123 shares in the last quarter.

iShares U.S. Technology ETF Trading Down 0.9 %

Shares of IYW stock opened at $164.69 on Monday. The company has a market capitalization of $20.23 billion, a price-to-earnings ratio of 38.84 and a beta of 1.43. iShares U.S. Technology ETF has a 1-year low of $124.32 and a 1-year high of $166.83. The stock’s fifty day simple moving average is $161.61 and its 200-day simple moving average is $153.68.

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).