iShares U.S. Technology ETF (NYSEARCA:IYW) Shares Sold by Picton Mahoney Asset Management

Picton Mahoney Asset Management trimmed its stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 50.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 600 shares of the exchange traded fund’s stock after selling 600 shares during the period. Picton Mahoney Asset Management’s holdings in iShares U.S. Technology ETF were worth $96,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of IYW. Kestra Advisory Services LLC raised its holdings in iShares U.S. Technology ETF by 9.1% during the fourth quarter. Kestra Advisory Services LLC now owns 351,433 shares of the exchange traded fund’s stock worth $56,061,000 after purchasing an additional 29,301 shares during the last quarter. Atala Financial Inc acquired a new position in shares of iShares U.S. Technology ETF during the 4th quarter worth $52,000. Commonwealth Equity Services LLC boosted its position in shares of iShares U.S. Technology ETF by 1.6% in the 4th quarter. Commonwealth Equity Services LLC now owns 873,105 shares of the exchange traded fund’s stock worth $139,278,000 after buying an additional 13,670 shares in the last quarter. DecisionMap Wealth Management LLC acquired a new stake in iShares U.S. Technology ETF in the 4th quarter valued at about $1,189,000. Finally, Avantax Advisory Services Inc. increased its holdings in iShares U.S. Technology ETF by 3.4% during the 4th quarter. Avantax Advisory Services Inc. now owns 362,009 shares of the exchange traded fund’s stock valued at $57,748,000 after acquiring an additional 12,036 shares in the last quarter.

iShares U.S. Technology ETF Trading Up 3.1 %

Shares of IYW opened at $146.03 on Monday. iShares U.S. Technology ETF has a 12-month low of $124.32 and a 12-month high of $167.30. The stock has a market cap of $18.22 billion, a P/E ratio of 33.00 and a beta of 1.16. The company has a 50-day moving average of $158.23 and a two-hundred day moving average of $156.38.

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).