Chemistry Wealth Management LLC Cuts Stake in iShares U.S. Technology ETF (NYSEARCA:IYW)

Chemistry Wealth Management LLC reduced its stake in iShares U.S. Technology ETF (NYSEARCA:IYW) by 14.3% during the fourth quarter, according to its most recent filing with the SEC. The fund owned 1,614 shares of the exchange traded fund’s stock after selling 270 shares during the quarter. Chemistry Wealth Management LLC’s holdings in iShares U.S. Technology ETF were worth $257,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Magnus Financial Group LLC boosted its holdings in shares of iShares U.S. Technology ETF by 0.6% in the 3rd quarter. Magnus Financial Group LLC now owns 11,845 shares of the exchange traded fund’s stock worth $1,796,000 after buying an additional 67 shares during the last quarter. Marino Stram & Associates LLC boosted its holdings in shares of iShares U.S. Technology ETF by 3.7% in the 3rd quarter. Marino Stram & Associates LLC now owns 1,902 shares of the exchange traded fund’s stock worth $288,000 after buying an additional 67 shares during the last quarter. Investment Advisory Group LLC lifted its holdings in iShares U.S. Technology ETF by 1.0% during the third quarter. Investment Advisory Group LLC now owns 7,583 shares of the exchange traded fund’s stock valued at $1,150,000 after purchasing an additional 73 shares during the last quarter. Great Valley Advisor Group Inc. lifted its holdings in iShares U.S. Technology ETF by 1.9% during the third quarter. Great Valley Advisor Group Inc. now owns 3,963 shares of the exchange traded fund’s stock valued at $600,000 after purchasing an additional 73 shares during the last quarter. Finally, Saxony Capital Management LLC lifted its holdings in iShares U.S. Technology ETF by 5.4% during the third quarter. Saxony Capital Management LLC now owns 1,473 shares of the exchange traded fund’s stock valued at $223,000 after purchasing an additional 76 shares during the last quarter.

iShares U.S. Technology ETF Stock Up 1.6 %

NYSEARCA IYW opened at $161.29 on Friday. The company has a market cap of $19.81 billion, a PE ratio of 38.84 and a beta of 1.43. iShares U.S. Technology ETF has a 52 week low of $123.78 and a 52 week high of $166.47. The firm’s 50-day simple moving average is $161.12 and its two-hundred day simple moving average is $153.42.

iShares U.S. Technology ETF 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).