iShares U.S. Technology ETF (NYSEARCA:IYW) Shares Sold by First City Capital Management Inc.

First City Capital Management Inc. lessened its stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 7.7% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 2,400 shares of the exchange traded fund’s stock after selling 200 shares during the period. First City Capital Management Inc.’s holdings in iShares U.S. Technology ETF were worth $383,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Magnus Financial Group LLC grew its position in iShares U.S. Technology ETF by 0.6% during the third quarter. Magnus Financial Group LLC now owns 11,845 shares of the exchange traded fund’s stock valued at $1,796,000 after purchasing an additional 67 shares in the last quarter. Marino Stram & Associates LLC grew its holdings in shares of iShares U.S. Technology ETF by 3.7% during the third quarter. Marino Stram & Associates LLC now owns 1,902 shares of the exchange traded fund’s stock worth $288,000 after purchasing an additional 67 shares during the last quarter. Investment Advisory Group LLC grew its stake in shares of iShares U.S. Technology ETF by 1.0% during the third quarter. Investment Advisory Group LLC now owns 7,583 shares of the exchange traded fund’s stock valued at $1,150,000 after purchasing an additional 73 shares during the last quarter. Great Valley Advisor Group Inc. increased its holdings in shares of iShares U.S. Technology ETF by 1.9% in the third quarter. Great Valley Advisor Group Inc. now owns 3,963 shares of the exchange traded fund’s stock valued at $600,000 after purchasing an additional 73 shares in the last quarter. Finally, Saxony Capital Management LLC increased its holdings in shares of iShares U.S. Technology ETF by 5.4% in the third quarter. Saxony Capital Management LLC now owns 1,473 shares of the exchange traded fund’s stock valued at $223,000 after purchasing an additional 76 shares in the last quarter.

iShares U.S. Technology ETF Trading Up 1.7 %

Shares of iShares U.S. Technology ETF stock traded up $2.74 during midday trading on Friday, reaching $162.29. The company had a trading volume of 425,385 shares, compared to its average volume of 1,149,691. The stock has a fifty day simple moving average of $160.14 and a 200 day simple moving average of $152.74. The company has a market capitalization of $19.94 billion, a price-to-earnings ratio of 38.84 and a beta of 1.43. iShares U.S. Technology ETF has a 1-year low of $117.19 and a 1-year high of $166.47.

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).