Stratos Wealth Partners LTD. Trims Stock Holdings in iShares U.S. Technology ETF $IYW

Stratos Wealth Partners LTD. decreased its holdings in iShares U.S. Technology ETF (NYSEARCA:IYW) by 15.1% during the fourth quarter, HoldingsChannel.com reports. The firm owned 147,418 shares of the exchange traded fund’s stock after selling 26,321 shares during the quarter. Stratos Wealth Partners LTD.’s holdings in iShares U.S. Technology ETF were worth $29,437,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Human Investing LLC lifted its holdings in shares of iShares U.S. Technology ETF by 2.7% in the 3rd quarter. Human Investing LLC now owns 1,853 shares of the exchange traded fund’s stock worth $363,000 after buying an additional 49 shares during the period. CWA Asset Management Group LLC increased its holdings in shares of iShares U.S. Technology ETF by 0.7% in the fourth quarter. CWA Asset Management Group LLC now owns 6,955 shares of the exchange traded fund’s stock valued at $1,389,000 after purchasing an additional 50 shares during the period. Howard Capital Management Inc. raised its stake in shares of iShares U.S. Technology ETF by 1.0% in the third quarter. Howard Capital Management Inc. now owns 5,403 shares of the exchange traded fund’s stock worth $1,058,000 after purchasing an additional 54 shares during the last quarter. Occidental Asset Management LLC increased its holdings in iShares U.S. Technology ETF by 1.2% in the 3rd quarter. Occidental Asset Management LLC now owns 4,860 shares of the exchange traded fund’s stock worth $952,000 after buying an additional 56 shares during the period. Finally, Greenleaf Trust raised its position in iShares U.S. Technology ETF by 1.0% during the 3rd quarter. Greenleaf Trust now owns 5,715 shares of the exchange traded fund’s stock worth $1,119,000 after buying an additional 58 shares during the last quarter. 57.65% of the stock is currently owned by institutional investors.

iShares U.S. Technology ETF Stock Performance

Shares of NYSEARCA IYW opened at $185.38 on Friday. The stock has a market cap of $18.07 billion, a price-to-earnings ratio of 34.95 and a beta of 1.23. iShares U.S. Technology ETF has a 12 month low of $117.55 and a 12 month high of $211.98. The company has a 50 day simple moving average of $190.66 and a two-hundred day simple moving average of $196.27.

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.