Centurion Wealth Management LLC Decreases Position in iShares U.S. Technology ETF (NYSEARCA:IYW)

Centurion Wealth Management LLC cut its stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 5.5% 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 11,686 shares of the exchange traded fund’s stock after selling 683 shares during the period. Centurion Wealth Management LLC’s holdings in iShares U.S. Technology ETF were worth $1,864,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. LPL Financial LLC raised its position in iShares U.S. Technology ETF by 3.0% during the third quarter. LPL Financial LLC now owns 4,133,439 shares of the exchange traded fund’s stock valued at $626,712,000 after purchasing an additional 120,614 shares during the period. Raymond James Financial Inc. purchased a new stake in iShares U.S. Technology ETF during the fourth quarter valued at approximately $256,146,000. Dynasty Wealth Management LLC grew its stake in shares of iShares U.S. Technology ETF by 54.8% during the fourth quarter. Dynasty Wealth Management LLC now owns 1,404,039 shares of the exchange traded fund’s stock valued at $223,972,000 after buying an additional 497,043 shares during the last quarter. Park Avenue Securities LLC grew its stake in shares of iShares U.S. Technology ETF by 2.0% during the fourth quarter. Park Avenue Securities LLC now owns 931,780 shares of the exchange traded fund’s stock valued at $148,638,000 after buying an additional 18,382 shares during the last quarter. Finally, Commonwealth Equity Services LLC grew its stake in shares of iShares U.S. Technology ETF by 1.6% during the fourth quarter. Commonwealth Equity Services LLC now owns 873,105 shares of the exchange traded fund’s stock valued at $139,278,000 after buying an additional 13,670 shares during the last quarter.

iShares U.S. Technology ETF Stock Performance

IYW opened at $146.03 on Friday. The stock has a market cap of $18.22 billion, a price-to-earnings ratio of 33.00 and a beta of 1.16. The stock’s 50 day moving average price is $158.23 and its 200-day moving average price is $156.31. iShares U.S. Technology ETF has a one year low of $124.32 and a one year high of $167.30.

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).