iShares U.S. Technology ETF (NYSEARCA:IYW) Shares Sold by ELCO Management Co. LLC

ELCO Management Co. LLC decreased its holdings in iShares U.S. Technology ETF (NYSEARCA:IYW) by 12.6% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 3,460 shares of the exchange traded fund’s stock after selling 500 shares during the quarter. ELCO Management Co. LLC’s holdings in iShares U.S. Technology ETF were worth $521,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of IYW. Aveo Capital Partners LLC boosted its position in shares of iShares U.S. Technology ETF by 7.2% in the 4th quarter. Aveo Capital Partners LLC now owns 2,124 shares of the exchange traded fund’s stock valued at $261,000 after purchasing an additional 142 shares during the period. 9258 Wealth Management LLC purchased a new position in iShares U.S. Technology ETF during the fourth quarter valued at approximately $202,000. Rollins Financial grew its holdings in shares of iShares U.S. Technology ETF by 20.1% during the 4th quarter. Rollins Financial now owns 84,759 shares of the exchange traded fund’s stock valued at $10,404,000 after acquiring an additional 14,205 shares in the last quarter. Certus Wealth Management LLC increased its position in iShares U.S. Technology ETF by 48.6% in the 4th quarter. Certus Wealth Management LLC now owns 5,843 shares of the exchange traded fund’s stock worth $717,000 after purchasing an additional 1,910 shares during the last quarter. Finally, Hilltop Holdings Inc. grew its stake in shares of iShares U.S. Technology ETF by 20.6% in the 4th quarter. Hilltop Holdings Inc. now owns 4,305 shares of the exchange traded fund’s stock valued at $528,000 after buying an additional 735 shares in the last quarter.

iShares U.S. Technology ETF Stock Performance

NYSEARCA:IYW opened at $150.32 on Wednesday. The company has a market capitalization of $18.47 billion, a P/E ratio of 38.84 and a beta of 1.43. The stock’s 50 day moving average price is $144.84 and its 200 day moving average price is $141.78. iShares U.S. Technology ETF has a 52 week low of $100.84 and a 52 week high of $158.97.

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).