Essex LLC Reduces Position in iShares U.S. Technology ETF (NYSEARCA:IYW)

Essex LLC reduced its stake in iShares U.S. Technology ETF (NYSEARCA:IYW) by 7.1% during the 4th quarter, Holdings Channel reports. The fund owned 39,705 shares of the exchange traded fund’s stock after selling 3,020 shares during the period. iShares U.S. Technology ETF comprises about 1.3% of Essex LLC’s portfolio, making the stock its 16th biggest position. Essex LLC’s holdings in iShares U.S. Technology ETF were worth $6,334,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in IYW. LPL Financial LLC lifted its position in iShares U.S. Technology ETF by 3.0% during the third 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 during the period. International Assets Investment Management LLC grew its holdings in iShares U.S. Technology ETF by 29,435.7% in the third quarter. International Assets Investment Management LLC now owns 3,190,156 shares of the exchange traded fund’s stock valued at $483,691,000 after purchasing an additional 3,179,355 shares during the period. Park Avenue Securities LLC increased its position in iShares U.S. Technology ETF by 2.0% during the fourth quarter. Park Avenue Securities LLC now owns 931,780 shares of the exchange traded fund’s stock worth $148,638,000 after purchasing an additional 18,382 shares during the last quarter. OneDigital Investment Advisors LLC raised its stake in iShares U.S. Technology ETF by 2.1% during the third quarter. OneDigital Investment Advisors LLC now owns 714,361 shares of the exchange traded fund’s stock worth $108,311,000 after purchasing an additional 14,758 shares during the period. Finally, Raymond James & Associates grew its stake in shares of iShares U.S. Technology ETF by 1.6% during the 3rd quarter. Raymond James & Associates now owns 631,178 shares of the exchange traded fund’s stock valued at $95,699,000 after buying an additional 9,742 shares during the period.

iShares U.S. Technology ETF Stock Down 1.0 %

IYW stock opened at $160.40 on Friday. iShares U.S. Technology ETF has a 52 week low of $124.32 and a 52 week high of $166.83. The company has a market cap of $19.71 billion, a price-to-earnings ratio of 38.84 and a beta of 1.43. The business has a fifty day simple moving average of $161.93 and a 200-day simple moving average of $154.19.

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).