Oppenheimer & Co. Inc. Cuts Holdings in iShares U.S. Technology ETF (NYSEARCA:IYW)

Oppenheimer & Co. Inc. lessened its stake in iShares U.S. Technology ETF (NYSEARCA:IYW) by 2.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,146 shares of the exchange traded fund’s stock after selling 191 shares during the period. Oppenheimer & Co. Inc.’s holdings in iShares U.S. Technology ETF were worth $1,140,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. LPL Financial LLC grew its stake in iShares U.S. Technology ETF by 3.0% in the 3rd quarter. LPL Financial LLC now owns 4,133,439 shares of the exchange traded fund’s stock worth $626,712,000 after buying an additional 120,614 shares in the last quarter. Park Avenue Securities LLC grew its stake in iShares U.S. Technology ETF by 2.0% in the 4th quarter. Park Avenue Securities LLC now owns 931,780 shares of the exchange traded fund’s stock worth $148,638,000 after buying an additional 18,382 shares in the last quarter. OneDigital Investment Advisors LLC grew its stake in iShares U.S. Technology ETF by 2.1% in the 3rd quarter. OneDigital Investment Advisors LLC now owns 714,361 shares of the exchange traded fund’s stock worth $108,311,000 after buying an additional 14,758 shares in the last quarter. The Manufacturers Life Insurance Company grew its stake in iShares U.S. Technology ETF by 4,550.8% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 553,450 shares of the exchange traded fund’s stock worth $83,914,000 after buying an additional 541,550 shares in the last quarter. Finally, Quotient Wealth Partners LLC grew its stake in iShares U.S. Technology ETF by 1.3% in the 4th quarter. Quotient Wealth Partners LLC now owns 364,362 shares of the exchange traded fund’s stock worth $58,123,000 after buying an additional 4,773 shares in the last quarter.

iShares U.S. Technology ETF Price Performance

IYW stock opened at $149.99 on Wednesday. iShares U.S. Technology ETF has a one year low of $124.32 and a one year high of $167.30. The stock has a market cap of $18.84 billion, a PE ratio of 35.73 and a beta of 1.14. The firm has a 50 day simple moving average of $161.14 and a two-hundred day simple moving average of $156.54.

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).