CFS Investment Advisory Services LLC Has $15.70 Million Stock Holdings in iShares U.S. Technology ETF (NYSEARCA:IYW)

CFS Investment Advisory Services LLC lowered its stake in iShares U.S. Technology ETF (NYSEARCA:IYW) by 4.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 98,408 shares of the exchange traded fund’s stock after selling 4,619 shares during the quarter. iShares U.S. Technology ETF makes up approximately 1.4% of CFS Investment Advisory Services LLC’s investment portfolio, making the stock its 18th largest position. CFS Investment Advisory Services LLC owned approximately 0.08% of iShares U.S. Technology ETF worth $15,698,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. International Assets Investment Management LLC raised its holdings in iShares U.S. Technology ETF by 29,435.7% during the third quarter. International Assets Investment Management LLC now owns 3,190,156 shares of the exchange traded fund’s stock worth $483,691,000 after buying an additional 3,179,355 shares during the last quarter. The Manufacturers Life Insurance Company lifted its holdings in shares of iShares U.S. Technology ETF by 4,550.8% in the third quarter. The Manufacturers Life Insurance Company now owns 553,450 shares of the exchange traded fund’s stock worth $83,914,000 after buying an additional 541,550 shares in the last quarter. Sanctuary Advisors LLC purchased a new position in iShares U.S. Technology ETF during the second quarter valued at approximately $57,410,000. HighTower Advisors LLC increased its holdings in iShares U.S. Technology ETF by 55.1% during the 3rd quarter. HighTower Advisors LLC now owns 360,435 shares of the exchange traded fund’s stock worth $54,626,000 after acquiring an additional 128,052 shares during the period. Finally, LPL Financial LLC boosted its holdings in iShares U.S. Technology ETF by 3.0% in the 3rd quarter. LPL Financial LLC now owns 4,133,439 shares of the exchange traded fund’s stock valued at $626,712,000 after purchasing an additional 120,614 shares during the period.

iShares U.S. Technology ETF Price Performance

IYW opened at $164.69 on Friday. The firm has a market capitalization of $20.23 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 $124.32 and a one year high of $166.83. The company has a fifty day moving average price of $161.61 and a 200-day moving average price of $153.73.

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).