Associated Banc Corp Decreases Stock Position in iShares U.S. Technology ETF (NYSEARCA:IYW)

Associated Banc Corp lessened its stake in iShares U.S. Technology ETF (NYSEARCA:IYW) by 23.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,794 shares of the exchange traded fund’s stock after selling 856 shares during the quarter. Associated Banc Corp’s holdings in iShares U.S. Technology ETF were worth $446,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of IYW. Phillips Financial Management LLC raised its position in shares of 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 acquiring an additional 170 shares in the last quarter. Brooklyn Investment Group raised its position in shares of iShares U.S. Technology ETF by 84.3% during the 4th quarter. Brooklyn Investment Group now owns 199 shares of the exchange traded fund’s stock valued at $32,000 after acquiring an additional 91 shares in the last quarter. SRS Capital Advisors Inc. raised its position in shares of iShares U.S. Technology ETF by 43.7% during the 4th quarter. SRS Capital Advisors Inc. now owns 296 shares of the exchange traded fund’s stock valued at $47,000 after acquiring an additional 90 shares in the last quarter. Avion Wealth acquired a new stake in shares of iShares U.S. Technology ETF during the 4th quarter valued at approximately $47,000. Finally, Atala Financial Inc acquired a new stake in shares of iShares U.S. Technology ETF during the 4th quarter valued at approximately $52,000.

iShares U.S. Technology ETF Trading Up 3.1 %

IYW stock opened at $146.03 on Friday. The firm has a market cap of $18.22 billion, a P/E ratio of 33.00 and a beta of 1.16. iShares U.S. Technology ETF has a 12-month low of $124.32 and a 12-month high of $167.30. The stock’s 50 day simple moving average is $158.23 and its 200 day simple moving average is $156.31.

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).