Raleigh Capital Management Inc. Has $689,000 Stake in iShares U.S. Technology ETF (NYSEARCA:IYW)

Raleigh Capital Management Inc. trimmed its holdings in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 4.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,319 shares of the exchange traded fund’s stock after selling 219 shares during the period. Raleigh Capital Management Inc.’s holdings in iShares U.S. Technology ETF were worth $689,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Phillips Financial Management LLC increased its stake in iShares U.S. Technology ETF by 1,545.5% in the third quarter. Phillips Financial Management LLC now owns 181 shares of the exchange traded fund’s stock valued at $27,000 after purchasing an additional 170 shares in the last quarter. Brooklyn Investment Group boosted its holdings in shares of iShares U.S. Technology ETF by 84.3% in the fourth quarter. Brooklyn Investment Group now owns 199 shares of the exchange traded fund’s stock valued at $32,000 after buying an additional 91 shares during the period. Activest Wealth Management acquired a new position in shares of iShares U.S. Technology ETF in the third quarter valued at approximately $52,000. Legacy Investment Solutions LLC acquired a new position in iShares U.S. Technology ETF during the third quarter worth $63,000. Finally, PSI Advisors LLC boosted its holdings in iShares U.S. Technology ETF by 36.2% during the fourth quarter. PSI Advisors LLC now owns 463 shares of the exchange traded fund’s stock worth $74,000 after purchasing an additional 123 shares during the last quarter.

iShares U.S. Technology ETF Price Performance

Shares of IYW stock opened at $165.86 on Thursday. The stock has a market cap of $20.38 billion, a P/E ratio of 38.84 and a beta of 1.43. The company has a fifty day moving average price of $161.29 and a two-hundred day moving average price of $153.59. iShares U.S. Technology ETF has a one year low of $124.32 and a one year high of $166.47.

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).