World Investment Advisors Lowers Stock Holdings in iShares U.S. Technology ETF (NYSEARCA:IYW)

World Investment Advisors lessened its holdings in iShares U.S. Technology ETF (NYSEARCA:IYW) by 1.3% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 11,527 shares of the exchange traded fund’s stock after selling 155 shares during the period. World Investment Advisors’ holdings in iShares U.S. Technology ETF were worth $1,839,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Raymond James Financial Inc. purchased a new stake in shares of iShares U.S. Technology ETF during the fourth quarter worth about $256,146,000. LPL Financial LLC boosted its stake in iShares U.S. Technology ETF by 23.7% in the 4th quarter. LPL Financial LLC now owns 5,111,322 shares of the exchange traded fund’s stock worth $815,358,000 after purchasing an additional 977,883 shares during the period. Dynasty Wealth Management LLC grew its holdings in iShares U.S. Technology ETF by 54.8% during the 4th quarter. Dynasty Wealth Management LLC now owns 1,404,039 shares of the exchange traded fund’s stock valued at $223,972,000 after buying an additional 497,043 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in iShares U.S. Technology ETF by 10.1% during the 4th quarter. JPMorgan Chase & Co. now owns 3,420,965 shares of the exchange traded fund’s stock valued at $545,713,000 after buying an additional 314,689 shares in the last quarter. Finally, Atlas Legacy Advisors LLC bought a new stake in shares of iShares U.S. Technology ETF during the fourth quarter valued at approximately $38,293,000.

iShares U.S. Technology ETF Stock Performance

Shares of NYSEARCA:IYW opened at $124.50 on Friday. The firm has a market cap of $15.53 billion, a price-to-earnings ratio of 31.74 and a beta of 1.22. The firm has a fifty day moving average price of $152.70 and a 200 day moving average price of $156.12. iShares U.S. Technology ETF has a fifty-two week low of $124.25 and a fifty-two week high of $167.30.

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).