iShares U.S. Technology ETF $IYW Shares Sold by Rothschild Wealth LLC

Rothschild Wealth LLC reduced its position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 90.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,300 shares of the exchange traded fund’s stock after selling 21,749 shares during the period. Rothschild Wealth LLC’s holdings in iShares U.S. Technology ETF were worth $459,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the company. UBS Group AG boosted its stake 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 worth $368,730,000 after purchasing an additional 72,485 shares during the last quarter. Raymond James Financial Inc. boosted its stake in shares of iShares U.S. Technology ETF by 6.5% during the 2nd quarter. Raymond James Financial Inc. now owns 1,598,623 shares of the exchange traded fund’s stock worth $276,993,000 after purchasing an additional 97,389 shares during the last quarter. Ameriprise Financial Inc. boosted its stake in shares of iShares U.S. Technology ETF by 2.4% during the 2nd quarter. Ameriprise Financial Inc. now owns 1,156,536 shares of the exchange traded fund’s stock worth $200,481,000 after purchasing an additional 27,056 shares during the last quarter. RiverFront Investment Group LLC boosted its stake in shares of iShares U.S. Technology ETF by 2.3% during the 4th quarter. RiverFront Investment Group LLC now owns 918,400 shares of the exchange traded fund’s stock worth $183,386,000 after purchasing an additional 20,409 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its stake in shares of iShares U.S. Technology ETF by 15.3% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 426,451 shares of the exchange traded fund’s stock worth $83,525,000 after purchasing an additional 56,708 shares during the last quarter. 57.65% of the stock is owned by institutional investors and hedge funds.

iShares U.S. Technology ETF Stock Performance

IYW opened at $257.97 on Tuesday. The company’s 50 day simple moving average is $214.63 and its 200 day simple moving average is $202.97. iShares U.S. Technology ETF has a 1 year low of $157.63 and a 1 year high of $259.00. The stock has a market capitalization of $25.37 billion, a PE ratio of 34.95 and a beta of 1.33.

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.