Thrivent Financial for Lutherans Sells 8,537 Shares of iShares U.S. Technology ETF $IYW

Thrivent Financial for Lutherans decreased its position in iShares U.S. Technology ETF (NYSEARCA:IYW) by 11.0% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 69,376 shares of the exchange traded fund’s stock after selling 8,537 shares during the quarter. Thrivent Financial for Lutherans’ holdings in iShares U.S. Technology ETF were worth $13,891,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of IYW. UBS Group AG increased its position in shares of iShares U.S. Technology ETF by 4.0% during the 3rd quarter. UBS Group AG now owns 1,882,618 shares of the exchange traded fund’s stock valued at $368,730,000 after purchasing an additional 72,485 shares during the last quarter. Raymond James Financial Inc. boosted its holdings in shares of iShares U.S. Technology ETF by 6.5% in the second quarter. Raymond James Financial Inc. now owns 1,598,623 shares of the exchange traded fund’s stock worth $276,993,000 after buying an additional 97,389 shares during the last quarter. Ameriprise Financial Inc. boosted its holdings in shares of iShares U.S. Technology ETF by 2.4% in the second quarter. Ameriprise Financial Inc. now owns 1,156,536 shares of the exchange traded fund’s stock worth $200,481,000 after buying an additional 27,056 shares during the last quarter. Dynasty Wealth Management LLC grew its position in iShares U.S. Technology ETF by 6.1% during the third quarter. Dynasty Wealth Management LLC now owns 1,114,634 shares of the exchange traded fund’s stock valued at $218,312,000 after buying an additional 64,136 shares during the period. Finally, Sagespring Wealth Partners LLC grew its position in iShares U.S. Technology ETF by 41.1% during the third quarter. Sagespring Wealth Partners LLC now owns 737,156 shares of the exchange traded fund’s stock valued at $144,379,000 after buying an additional 214,654 shares during the period. 57.65% of the stock is owned by hedge funds and other institutional investors.

iShares U.S. Technology ETF Trading Down 1.0%

Shares of IYW stock opened at $236.39 on Tuesday. iShares U.S. Technology ETF has a 12 month low of $154.02 and a 12 month high of $243.69. The stock has a market cap of $23.25 billion, a P/E ratio of 34.95 and a beta of 1.33. The company has a 50 day simple moving average of $203.57 and a two-hundred day simple moving average of $200.15.

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). 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.