W.H. Cornerstone Investments Inc. Cuts Stock Position in iShares U.S. Technology ETF (NYSEARCA:IYW)

W.H. Cornerstone Investments Inc. trimmed its holdings in iShares U.S. Technology ETF (NYSEARCA:IYW) by 34.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,039 shares of the exchange traded fund’s stock after selling 2,089 shares during the period. W.H. Cornerstone Investments Inc.’s holdings in iShares U.S. Technology ETF were worth $496,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in the business. PGIM Custom Harvest LLC grew its holdings in iShares U.S. Technology ETF by 1.9% during the 3rd quarter. PGIM Custom Harvest LLC now owns 4,311,874 shares of the exchange traded fund’s stock valued at $452,402,000 after buying an additional 81,615 shares in the last quarter. International Assets Investment Management LLC increased its position in iShares U.S. Technology ETF by 13,488.1% in the fourth quarter. International Assets Investment Management LLC now owns 1,145,345 shares of the exchange traded fund’s stock worth $140,591,000 after purchasing an additional 1,136,916 shares during the last quarter. CWM LLC raised its stake in iShares U.S. Technology ETF by 50.1% during the fourth quarter. CWM LLC now owns 1,078,737 shares of the exchange traded fund’s stock valued at $132,415,000 after purchasing an additional 360,020 shares in the last quarter. Ameriprise Financial Inc. raised its stake in iShares U.S. Technology ETF by 1.0% during the third quarter. Ameriprise Financial Inc. now owns 1,004,033 shares of the exchange traded fund’s stock valued at $105,271,000 after purchasing an additional 9,630 shares in the last quarter. Finally, Royal Bank of Canada lifted its position in iShares U.S. Technology ETF by 5.5% during the third quarter. Royal Bank of Canada now owns 909,070 shares of the exchange traded fund’s stock valued at $95,379,000 after purchasing an additional 47,666 shares during the last quarter.

iShares U.S. Technology ETF Price Performance

Shares of iShares U.S. Technology ETF stock traded up $3.16 during trading hours on Friday, reaching $132.17. The company’s stock had a trading volume of 1,312,736 shares, compared to its average volume of 897,433. The firm has a 50 day moving average price of $132.72 and a 200-day moving average price of $124.70. The stock has a market cap of $16.24 billion, a P/E ratio of 38.84 and a beta of 1.43. iShares U.S. Technology ETF has a one year low of $90.76 and a one year high of $137.54.

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).