iShares U.S. Technology ETF $IYW Shares Sold by SSI Investment Management LLC

SSI Investment Management LLC decreased its position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 15.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 55,418 shares of the exchange traded fund’s stock after selling 10,512 shares during the period. SSI Investment Management LLC owned 0.05% of iShares U.S. Technology ETF worth $11,066,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Bell Investment Advisors Inc bought a new stake in shares of iShares U.S. Technology ETF in the 2nd quarter worth $25,000. Triumph Capital Management acquired a new position in iShares U.S. Technology ETF during the third quarter worth about $28,000. Bangor Savings Bank acquired a new position in iShares U.S. Technology ETF during the third quarter worth about $31,000. Hantz Financial Services Inc. bought a new stake in iShares U.S. Technology ETF in the third quarter worth about $31,000. Finally, Kingdom Financial Group LLC. acquired a new stake in iShares U.S. Technology ETF in the 4th quarter valued at about $32,000. 57.65% of the stock is owned by institutional investors.

iShares U.S. Technology ETF Trading Up 0.7%

NYSEARCA:IYW opened at $192.93 on Monday. The company has a 50-day moving average of $197.98 and a 200-day moving average of $195.56. The firm has a market cap of $20.19 billion, a price-to-earnings ratio of 34.95 and a beta of 1.23. iShares U.S. Technology ETF has a twelve month low of $117.55 and a twelve month high of $211.98.

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). The Index measures the performance of the technology sector of the United States equity market, and includes companies in the industry groups, such as software and computer services and technology hardware and equipment.