iShares U.S. Technology ETF $IYW Holdings Lowered by Signature Estate & Investment Advisors LLC

Signature Estate & Investment Advisors LLC trimmed its stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 45.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,680 shares of the exchange traded fund’s stock after selling 3,103 shares during the quarter. Signature Estate & Investment Advisors LLC’s holdings in iShares U.S. Technology ETF were worth $735,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Triumph Capital Management bought a new stake in shares of iShares U.S. Technology ETF during the 3rd quarter worth about $28,000. Hantz Financial Services Inc. bought a new stake in shares of iShares U.S. Technology ETF during the 3rd quarter worth about $31,000. Collier Financial bought a new stake in shares of iShares U.S. Technology ETF during the 3rd quarter worth about $37,000. Beacon Financial Strategies CORP bought a new stake in shares of iShares U.S. Technology ETF during the 4th quarter worth about $41,000. Finally, Flagship Harbor Advisors LLC bought a new stake in shares of iShares U.S. Technology ETF during the 4th quarter worth about $44,000. 57.65% of the stock is currently owned by institutional investors.

iShares U.S. Technology ETF Trading Up 0.7%

IYW stock opened at $241.77 on Friday. The firm’s 50-day moving average is $207.39 and its two-hundred day moving average is $201.05. The company has a market capitalization of $23.78 billion, a price-to-earnings ratio of 34.95 and a beta of 1.33. iShares U.S. Technology ETF has a 52 week low of $154.02 and a 52 week high of $243.69.

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.