Choreo LLC Trims Holdings in iShares U.S. Technology ETF (NYSEARCA:IYW)

Choreo LLC reduced its position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 5.0% during the 4th quarter, Holdings Channel.com reports. The firm owned 29,289 shares of the exchange traded fund’s stock after selling 1,538 shares during the quarter. Choreo LLC’s holdings in iShares U.S. Technology ETF were worth $4,676,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of IYW. International Assets Investment Management LLC boosted its stake in iShares U.S. Technology ETF by 29,435.7% in the 3rd quarter. International Assets Investment Management LLC now owns 3,190,156 shares of the exchange traded fund’s stock worth $483,691,000 after buying an additional 3,179,355 shares during the last quarter. The Manufacturers Life Insurance Company lifted its holdings in shares of iShares U.S. Technology ETF by 4,550.8% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 553,450 shares of the exchange traded fund’s stock worth $83,914,000 after acquiring an additional 541,550 shares during the period. HighTower Advisors LLC boosted its position in shares of iShares U.S. Technology ETF by 55.1% in the third quarter. HighTower Advisors LLC now owns 360,435 shares of the exchange traded fund’s stock worth $54,626,000 after acquiring an additional 128,052 shares during the last quarter. LPL Financial LLC grew its holdings in iShares U.S. Technology ETF by 3.0% in the third quarter. LPL Financial LLC now owns 4,133,439 shares of the exchange traded fund’s stock valued at $626,712,000 after purchasing an additional 120,614 shares during the period. Finally, Horizon Wealth Management LLC increased its position in iShares U.S. Technology ETF by 3,482.2% during the third quarter. Horizon Wealth Management LLC now owns 88,517 shares of the exchange traded fund’s stock worth $13,421,000 after purchasing an additional 86,046 shares during the last quarter.

iShares U.S. Technology ETF Stock Up 0.8 %

NYSEARCA:IYW opened at $161.22 on Thursday. iShares U.S. Technology ETF has a fifty-two week low of $124.32 and a fifty-two week high of $166.83. The firm’s 50 day moving average is $161.83 and its two-hundred day moving average is $154.04. The company has a market cap of $19.81 billion, a P/E 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).