HighTower Advisors LLC Sells 49,095 Shares of iShares U.S. Technology ETF $IYW

HighTower Advisors LLC lessened its position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 12.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 340,236 shares of the exchange traded fund’s stock after selling 49,095 shares during the quarter. HighTower Advisors LLC’s holdings in iShares U.S. Technology ETF were worth $67,938,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of IYW. Sagespring Wealth Partners LLC increased its position in iShares U.S. Technology ETF by 41.1% during the third quarter. Sagespring Wealth Partners LLC now owns 737,156 shares of the exchange traded fund’s stock valued at $144,379,000 after acquiring an additional 214,654 shares during the last quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main increased 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 acquiring an additional 170,036 shares during the last quarter. BNP Paribas Financial Markets increased 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 acquiring an additional 143,177 shares during the last quarter. Raymond James Financial Inc. increased its position in 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 acquiring an additional 97,389 shares during the last quarter. Finally, TBH Global Asset Management LLC increased its position in 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 acquiring 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

iShares U.S. Technology ETF stock opened at $239.33 on Thursday. The stock has a market cap of $23.54 billion, a PE ratio of 34.95 and a beta of 1.33. iShares U.S. Technology ETF has a one year low of $154.02 and a one year high of $243.69. The stock has a fifty day moving average of $205.45 and a 200 day moving average of $200.54.

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.