Endeavor Private Wealth Inc. Lowers Stock Holdings in iShares U.S. Technology ETF $IYW

Endeavor Private Wealth Inc. decreased its position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 71.0% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,498 shares of the exchange traded fund’s stock after selling 8,558 shares during the period. Endeavor Private Wealth Inc.’s holdings in iShares U.S. Technology ETF were worth $699,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in IYW. Axxcess Wealth Management LLC purchased a new stake in iShares U.S. Technology ETF during the fourth quarter valued at about $41,199,000. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main raised its position in iShares U.S. Technology ETF by 14,772.9% during the second quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 171,187 shares of the exchange traded fund’s stock valued at $29,662,000 after purchasing an additional 170,036 shares in the last quarter. BNP Paribas Financial Markets raised its position in iShares U.S. Technology ETF by 11,291.6% during the third quarter. BNP Paribas Financial Markets now owns 144,445 shares of the exchange traded fund’s stock valued at $28,291,000 after purchasing an additional 143,177 shares in the last quarter. Raymond James Financial Inc. grew its stake in shares of iShares U.S. Technology ETF by 6.5% during the second quarter. Raymond James Financial Inc. now owns 1,598,623 shares of the exchange traded fund’s stock valued at $276,993,000 after buying an additional 97,389 shares during the last quarter. Finally, TBH Global Asset Management LLC grew its stake in shares of iShares U.S. Technology ETF by 2,656.6% during the fourth quarter. TBH Global Asset Management LLC now owns 89,590 shares of the exchange traded fund’s stock valued at $17,889,000 after buying an additional 86,340 shares during the last quarter. Hedge funds and other institutional investors own 57.65% of the company’s stock.

iShares U.S. Technology ETF Stock Performance

Shares of NYSEARCA:IYW opened at $241.25 on Monday. The stock’s 50-day moving average price is $220.09 and its 200-day moving average price is $204.51. iShares U.S. Technology ETF has a 12-month low of $162.80 and a 12-month high of $261.01. The stock has a market capitalization of $23.73 billion, a P/E ratio of 34.95 and a beta of 1.36.

iShares U.S. Technology ETF Company 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.