JFS Wealth Advisors LLC Sells 5,278 Shares of iShares U.S. Technology ETF $IYW

JFS Wealth Advisors LLC trimmed its holdings in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 58.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,824 shares of the exchange traded fund’s stock after selling 5,278 shares during the quarter. JFS Wealth Advisors LLC’s holdings in iShares U.S. Technology ETF were worth $764,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Triumph Capital Management purchased a new stake in iShares U.S. Technology ETF during the third quarter valued at approximately $28,000. Bangor Savings Bank purchased a new position in iShares U.S. Technology ETF in the third quarter worth $31,000. Hantz Financial Services Inc. purchased a new position in iShares U.S. Technology ETF in the third quarter worth $31,000. Abound Wealth Management acquired a new position in shares of iShares U.S. Technology ETF during the third quarter worth $34,000. Finally, Collier Financial acquired a new position in shares of iShares U.S. Technology ETF during the third quarter worth $37,000. 57.65% of the stock is owned by hedge funds and other institutional investors.

iShares U.S. Technology ETF Trading Down 2.2%

Shares of IYW opened at $176.09 on Friday. iShares U.S. Technology ETF has a 12 month low of $117.55 and a 12 month high of $211.98. The stock has a fifty day moving average price of $192.26 and a 200-day moving average price of $196.56. The firm has a market cap of $18.43 billion, a PE ratio of 34.95 and a beta of 1.23.

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.