High Falls Advisors Inc Cuts Stake in iShares U.S. Technology ETF $IYW

High Falls Advisors Inc decreased its stake in iShares U.S. Technology ETF (NYSEARCA:IYW) by 77.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 13,564 shares of the exchange traded fund’s stock after selling 45,367 shares during the period. iShares U.S. Technology ETF makes up 0.5% of High Falls Advisors Inc’s portfolio, making the stock its 28th biggest position. High Falls Advisors Inc’s holdings in iShares U.S. Technology ETF were worth $2,657,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also modified their holdings of the company. Bell Investment Advisors Inc acquired a new stake in iShares U.S. Technology ETF in the second quarter valued at approximately $25,000. Bangor Savings Bank purchased a new position in shares of iShares U.S. Technology ETF in the third quarter valued at $31,000. Hantz Financial Services Inc. purchased a new position in shares of iShares U.S. Technology ETF in the third quarter valued at $31,000. Abound Wealth Management acquired a new stake in iShares U.S. Technology ETF during the 3rd quarter valued at $34,000. Finally, Collier Financial purchased a new stake in iShares U.S. Technology ETF during the 3rd quarter worth $37,000. Institutional investors and hedge funds own 57.65% of the company’s stock.

iShares U.S. Technology ETF Price Performance

Shares of iShares U.S. Technology ETF stock opened at $187.24 on Monday. iShares U.S. Technology ETF has a 1-year low of $117.55 and a 1-year high of $211.98. The company has a market capitalization of $19.59 billion, a PE ratio of 34.95 and a beta of 1.23. The business has a 50-day moving average of $195.34 and a 200-day moving average of $196.45.

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). The Index measures the performance of the technology sector of the United States equity market, and includes companies in the industry groups, such as software and computer services and technology hardware and equipment.