iShares U.S. Technology ETF (NYSEARCA:IYW) Shares Sold by Laurel Wealth Advisors LLC

Laurel Wealth Advisors LLC reduced its holdings in iShares U.S. Technology ETF (NYSEARCA:IYW) by 4.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 17,877 shares of the exchange traded fund’s stock after selling 825 shares during the quarter. Laurel Wealth Advisors LLC’s holdings in iShares U.S. Technology ETF were worth $2,194,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in IYW. International Assets Investment Management LLC increased its position in iShares U.S. Technology ETF by 13,488.1% in the 4th quarter. International Assets Investment Management LLC now owns 1,145,345 shares of the exchange traded fund’s stock valued at $140,591,000 after acquiring an additional 1,136,916 shares during the period. Envestnet Portfolio Solutions Inc. bought a new stake in shares of iShares U.S. Technology ETF during the 3rd quarter worth $90,722,000. Janney Montgomery Scott LLC bought a new stake in shares of iShares U.S. Technology ETF during the 4th quarter worth $81,091,000. The Manufacturers Life Insurance Company boosted its stake in shares of iShares U.S. Technology ETF by 3,606.9% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 622,757 shares of the exchange traded fund’s stock worth $65,337,000 after acquiring an additional 605,957 shares in the last quarter. Finally, Hsbc Holdings PLC boosted its stake in shares of iShares U.S. Technology ETF by 1,449.5% during the 3rd quarter. Hsbc Holdings PLC now owns 475,831 shares of the exchange traded fund’s stock worth $49,924,000 after acquiring an additional 445,122 shares in the last quarter.

iShares U.S. Technology ETF Price Performance

Shares of IYW traded up $2.75 during trading hours on Friday, hitting $130.95. 798,608 shares of the company were exchanged, compared to its average volume of 901,852. The company has a market capitalization of $15.98 billion, a PE ratio of 40.59 and a beta of 1.39. The firm has a fifty day simple moving average of $132.87 and a 200-day simple moving average of $123.61. iShares U.S. Technology ETF has a one year low of $90.75 and a one year high of $137.54.

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).