Concord Wealth Partners Sells 485 Shares of iShares U.S. Technology ETF (NYSEARCA:IYW)

Concord Wealth Partners lessened its stake in iShares U.S. Technology ETF (NYSEARCA:IYW) by 8.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,431 shares of the exchange traded fund’s stock after selling 485 shares during the quarter. Concord Wealth Partners’ holdings in iShares U.S. Technology ETF were worth $866,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of IYW. FMR LLC increased its position in shares of iShares U.S. Technology ETF by 11.0% during the 3rd quarter. FMR LLC now owns 62,648 shares of the exchange traded fund’s stock valued at $9,499,000 after purchasing an additional 6,225 shares during the last quarter. Natixis Advisors LLC grew its position in shares of iShares U.S. Technology ETF by 28.1% during the 3rd quarter. Natixis Advisors LLC now owns 16,136 shares of the exchange traded fund’s stock valued at $2,447,000 after acquiring an additional 3,539 shares during the period. Great Valley Advisor Group Inc. increased its stake in shares of iShares U.S. Technology ETF by 1.9% during the 3rd quarter. Great Valley Advisor Group Inc. now owns 3,963 shares of the exchange traded fund’s stock worth $600,000 after purchasing an additional 73 shares during the last quarter. Brown Brothers Harriman & Co. increased its position in iShares U.S. Technology ETF by 81.7% in the third quarter. Brown Brothers Harriman & Co. now owns 545 shares of the exchange traded fund’s stock worth $83,000 after buying an additional 245 shares during the last quarter. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors lifted its position in shares of iShares U.S. Technology ETF by 21.4% during the 3rd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 1,875 shares of the exchange traded fund’s stock valued at $284,000 after buying an additional 330 shares during the last quarter.

iShares U.S. Technology ETF Stock Performance

Shares of IYW opened at $159.67 on Friday. The firm has a market cap of $19.62 billion, a P/E 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 $166.83. The business has a 50-day moving average of $161.79 and a 200 day moving average of $153.85.

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).