Carret Asset Management LLC Reduces Holdings in iShares U.S. Technology ETF (NYSEARCA:IYW)

Carret Asset Management LLC cut its stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 2.6% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 11,041 shares of the exchange traded fund’s stock after selling 298 shares during the quarter. Carret Asset Management LLC’s holdings in iShares U.S. Technology ETF were worth $1,355,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently bought and sold shares of the company. PGIM Custom Harvest LLC raised its holdings in shares of iShares U.S. Technology ETF by 1.9% during the third quarter. PGIM Custom Harvest LLC now owns 4,311,874 shares of the exchange traded fund’s stock valued at $452,402,000 after acquiring an additional 81,615 shares in the last quarter. International Assets Investment Management LLC raised its holdings in shares of iShares U.S. Technology ETF by 13,488.1% during the fourth quarter. International Assets Investment Management LLC now owns 1,145,345 shares of the exchange traded fund’s stock valued at $140,591,000 after acquiring an additional 1,136,916 shares in the last quarter. CWM LLC raised its holdings in shares of iShares U.S. Technology ETF by 50.1% during the fourth quarter. CWM LLC now owns 1,078,737 shares of the exchange traded fund’s stock valued at $132,415,000 after acquiring an additional 360,020 shares in the last quarter. Ameriprise Financial Inc. raised its holdings in shares of iShares U.S. Technology ETF by 1.0% during the third quarter. Ameriprise Financial Inc. now owns 1,004,033 shares of the exchange traded fund’s stock valued at $105,271,000 after acquiring an additional 9,630 shares in the last quarter. Finally, Royal Bank of Canada raised its holdings in shares of iShares U.S. Technology ETF by 5.5% during the third quarter. Royal Bank of Canada now owns 909,070 shares of the exchange traded fund’s stock valued at $95,379,000 after acquiring an additional 47,666 shares in the last quarter.

iShares U.S. Technology ETF Stock Performance

Shares of iShares U.S. Technology ETF stock traded down $2.20 during midday trading on Thursday, reaching $126.64. 531,941 shares of the company’s stock traded hands, compared to its average volume of 891,967. The company has a market cap of $15.45 billion, a PE ratio of 40.59 and a beta of 1.39. The stock has a 50 day moving average of $132.96 and a 200-day moving average of $123.57. iShares U.S. Technology ETF has a 12 month low of $89.76 and a 12 month high of $137.54.

iShares U.S. Technology ETF 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).