Boston Family Office LLC Cuts Holdings in iShares U.S. Technology ETF (NYSEARCA:IYW)

Boston Family Office LLC reduced its position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 4.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 9,700 shares of the exchange traded fund’s stock after selling 400 shares during the quarter. Boston Family Office LLC’s holdings in iShares U.S. Technology ETF were worth $1,547,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. National Bank of Canada FI increased its stake in shares of iShares U.S. Technology ETF by 0.8% during the fourth quarter. National Bank of Canada FI now owns 72,451 shares of the exchange traded fund’s stock worth $11,557,000 after purchasing an additional 545 shares in the last quarter. Franklin Resources Inc. raised its holdings in shares of iShares U.S. Technology ETF by 2.9% during the fourth quarter. Franklin Resources Inc. now owns 7,940 shares of the exchange traded fund’s stock valued at $1,267,000 after acquiring an additional 225 shares during the last quarter. Summit Financial LLC purchased a new position in shares of iShares U.S. Technology ETF in the fourth quarter valued at approximately $252,000. O Shaughnessy Asset Management LLC boosted its stake in shares of iShares U.S. Technology ETF by 642.5% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 14,999 shares of the exchange traded fund’s stock worth $2,393,000 after acquiring an additional 12,979 shares during the last quarter. Finally, WealthTrak Capital Management LLC purchased a new stake in shares of iShares U.S. Technology ETF during the fourth quarter worth approximately $509,000.

iShares U.S. Technology ETF Stock Performance

Shares of IYW stock opened at $141.86 on Wednesday. iShares U.S. Technology ETF has a fifty-two week low of $124.32 and a fifty-two week high of $167.30. The stock’s fifty day moving average is $154.62 and its two-hundred day moving average is $156.53. The firm has a market capitalization of $17.69 billion, a P/E ratio of 31.74 and a beta of 1.22.

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).