CIBC Private Wealth Group LLC Sells 2,054 Shares of iShares U.S. Technology ETF (NYSEARCA:IYW)

CIBC Private Wealth Group LLC lessened its holdings in iShares U.S. Technology ETF (NYSEARCA:IYW) by 2.4% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 83,898 shares of the exchange traded fund’s stock after selling 2,054 shares during the period. CIBC Private Wealth Group LLC owned about 0.07% of iShares U.S. Technology ETF worth $13,511,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Raymond James Financial Inc. bought a new position in iShares U.S. Technology ETF in the fourth quarter worth approximately $256,146,000. LPL Financial LLC increased its holdings in iShares U.S. Technology ETF by 23.7% in the 4th quarter. LPL Financial LLC now owns 5,111,322 shares of the exchange traded fund’s stock worth $815,358,000 after acquiring an additional 977,883 shares in the last quarter. Dynasty Wealth Management LLC raised its stake in iShares U.S. Technology ETF by 54.8% during the 4th quarter. Dynasty Wealth Management LLC now owns 1,404,039 shares of the exchange traded fund’s stock worth $223,972,000 after acquiring an additional 497,043 shares during the period. JPMorgan Chase & Co. lifted its stake in shares of iShares U.S. Technology ETF by 10.1% during the 4th quarter. JPMorgan Chase & Co. now owns 3,420,965 shares of the exchange traded fund’s stock valued at $545,713,000 after buying an additional 314,689 shares in the last quarter. Finally, Atlas Legacy Advisors LLC purchased a new position in shares of iShares U.S. Technology ETF in the fourth quarter valued at about $38,293,000.

iShares U.S. Technology ETF Stock Down 0.2 %

NYSEARCA IYW opened at $140.44 on Tuesday. The business has a 50-day moving average price of $155.03 and a 200-day moving average price of $156.57. The firm has a market cap of $17.51 billion, a price-to-earnings ratio of 31.74 and a beta of 1.22. iShares U.S. Technology ETF has a twelve month low of $124.32 and a twelve month high of $167.30.

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).