Cherry Tree Wealth Management LLC Sells 315 Shares of iShares U.S. Technology ETF (NYSEARCA:IYW)

Cherry Tree Wealth Management LLC lessened its position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 26.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 888 shares of the exchange traded fund’s stock after selling 315 shares during the period. Cherry Tree Wealth Management LLC’s holdings in iShares U.S. Technology ETF were worth $142,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the company. Union Bancaire Privee UBP SA acquired a new position in shares of iShares U.S. Technology ETF during the 4th quarter worth about $123,000. World Equity Group Inc. boosted its stake in shares of iShares U.S. Technology ETF by 30.0% during the 4th quarter. World Equity Group Inc. now owns 8,844 shares of the exchange traded fund’s stock worth $1,411,000 after buying an additional 2,040 shares during the last quarter. WESPAC Advisors LLC boosted its stake in shares of iShares U.S. Technology ETF by 93.8% during the 4th quarter. WESPAC Advisors LLC now owns 11,769 shares of the exchange traded fund’s stock worth $1,877,000 after buying an additional 5,696 shares during the last quarter. Arbor Investment Advisors LLC acquired a new position in shares of iShares U.S. Technology ETF during the 4th quarter worth about $208,000. Finally, Element Wealth LLC boosted its stake in shares of iShares U.S. Technology ETF by 63.4% during the 4th quarter. Element Wealth LLC now owns 451 shares of the exchange traded fund’s stock worth $72,000 after buying an additional 175 shares during the last quarter.

iShares U.S. Technology ETF Price Performance

iShares U.S. Technology ETF stock opened at $161.55 on Monday. The firm has a 50-day moving average of $162.06 and a 200-day moving average of $155.98. iShares U.S. Technology ETF has a one year low of $124.32 and a one year high of $167.30. The company has a market cap of $19.85 billion, a price-to-earnings ratio of 38.84 and a beta of 1.43.

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).