Cary Street Partners Financial LLC Sells 2,643 Shares of iShares U.S. Technology ETF $IYW

Cary Street Partners Financial LLC lowered its holdings in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 6.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 38,784 shares of the exchange traded fund’s stock after selling 2,643 shares during the quarter. Cary Street Partners Financial LLC’s holdings in iShares U.S. Technology ETF were worth $7,744,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of IYW. Triumph Capital Management bought a new stake in iShares U.S. Technology ETF during the 3rd quarter worth approximately $28,000. Hantz Financial Services Inc. bought a new position in iShares U.S. Technology ETF in the third quarter valued at approximately $31,000. Kingdom Financial Group LLC. bought a new position in iShares U.S. Technology ETF in the fourth quarter valued at approximately $32,000. Collier Financial acquired a new position in shares of iShares U.S. Technology ETF in the third quarter valued at approximately $37,000. Finally, Beacon Financial Strategies CORP acquired a new position in shares of iShares U.S. Technology ETF in the fourth quarter valued at approximately $41,000. Institutional investors own 57.65% of the company’s stock.

iShares U.S. Technology ETF Stock Up 2.3%

Shares of IYW stock opened at $247.42 on Wednesday. iShares U.S. Technology ETF has a 12-month low of $155.68 and a 12-month high of $248.22. The firm has a fifty day moving average of $209.65 and a 200-day moving average of $201.57. The company has a market capitalization of $24.33 billion, a price-to-earnings ratio of 34.95 and a beta of 1.33.

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.