Money Concepts Capital Corp Reduces Stock Position in iShares U.S. Technology ETF (NYSEARCA:IYW)

Money Concepts Capital Corp lessened its position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 8.0% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 2,048 shares of the exchange traded fund’s stock after selling 177 shares during the quarter. Money Concepts Capital Corp’s holdings in iShares U.S. Technology ETF were worth $327,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in IYW. Phillips Financial Management LLC grew its stake in iShares U.S. Technology ETF by 1,545.5% during the 3rd 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 during the last quarter. Brooklyn Investment Group boosted its stake 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 worth $32,000 after buying an additional 91 shares during the last quarter. Activest Wealth Management purchased a new stake in shares of iShares U.S. Technology ETF in the third quarter worth about $52,000. China Universal Asset Management Co. Ltd. boosted its stake in shares of iShares U.S. Technology ETF by 37,900.0% in the fourth quarter. China Universal Asset Management Co. Ltd. now owns 380 shares of the exchange traded fund’s stock worth $61,000 after buying an additional 379 shares during the last quarter. Finally, Legacy Investment Solutions LLC purchased a new stake in shares of iShares U.S. Technology ETF in the third quarter worth about $63,000.

iShares U.S. Technology ETF Stock Up 0.4 %

Shares of IYW opened at $161.94 on Friday. iShares U.S. Technology ETF has a 52 week low of $124.32 and a 52 week high of $166.83. The company has a market capitalization of $19.89 billion, a price-to-earnings ratio of 38.84 and a beta of 1.43. The stock’s 50-day moving average price is $161.91 and its 200-day moving average price is $154.10.

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).