BCU Wealth Advisors LLC Decreases Holdings in iShares U.S. Technology ETF (NYSEARCA:IYW)

BCU Wealth Advisors LLC reduced its stake in iShares U.S. Technology ETF (NYSEARCA:IYW) by 6.0% during the fourth quarter, according to its most recent filing with the SEC. The fund owned 5,227 shares of the exchange traded fund’s stock after selling 335 shares during the quarter. iShares U.S. Technology ETF accounts for approximately 0.5% of BCU Wealth Advisors LLC’s portfolio, making the stock its 21st largest holding. BCU Wealth Advisors LLC’s holdings in iShares U.S. Technology ETF were worth $834,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in the stock. Phillips Financial Management LLC grew 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 acquiring an additional 170 shares during the period. Brooklyn Investment Group lifted its holdings in 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 valued at $32,000 after purchasing an additional 91 shares during the last quarter. Avion Wealth bought a new position in iShares U.S. Technology ETF during the fourth quarter worth about $47,000. Activest Wealth Management purchased a new position in shares of iShares U.S. Technology ETF in the third quarter worth about $52,000. Finally, China Universal Asset Management Co. Ltd. raised its position in shares of iShares U.S. Technology ETF by 37,900.0% in the fourth quarter. China Universal Asset Management Co. Ltd. now owns 380 shares of the exchange traded fund’s stock valued at $61,000 after purchasing an additional 379 shares during the period.

iShares U.S. Technology ETF Trading Up 0.5 %

IYW opened at $165.87 on Friday. iShares U.S. Technology ETF has a 12 month low of $124.32 and a 12 month high of $166.83. The company has a market cap of $20.38 billion, a PE ratio of 38.84 and a beta of 1.43. The company has a 50 day moving average of $161.93 and a 200 day moving average of $154.80.

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).