Picton Mahoney Asset Management Lowers Stake in iShares U.S. Technology ETF (NYSEARCA:IYW)

Picton Mahoney Asset Management decreased its position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 50.0% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 600 shares of the exchange traded fund’s stock after selling 600 shares during the quarter. Picton Mahoney Asset Management’s holdings in iShares U.S. Technology ETF were worth $96,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of IYW. Howard Capital Management Group LLC grew its position in shares of iShares U.S. Technology ETF by 1.1% in the third quarter. Howard Capital Management Group LLC now owns 208,920 shares of the exchange traded fund’s stock valued at $31,677,000 after purchasing an additional 2,312 shares during the period. Oppenheimer & Co. Inc. grew its holdings in iShares U.S. Technology ETF by 6.9% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 7,337 shares of the exchange traded fund’s stock valued at $1,112,000 after buying an additional 471 shares during the period. Natixis Advisors LLC increased its stake in shares of iShares U.S. Technology ETF by 28.1% during the 3rd quarter. Natixis Advisors LLC now owns 16,136 shares of the exchange traded fund’s stock valued at $2,447,000 after acquiring an additional 3,539 shares during the last quarter. Thrivent Financial for Lutherans lifted its holdings in shares of iShares U.S. Technology ETF by 18.8% during the 3rd quarter. Thrivent Financial for Lutherans now owns 276,060 shares of the exchange traded fund’s stock worth $41,857,000 after acquiring an additional 43,629 shares during the period. Finally, Westfuller Advisors LLC acquired a new stake in shares of iShares U.S. Technology ETF in the third quarter worth approximately $352,000.

iShares U.S. Technology ETF Stock Performance

Shares of IYW stock opened at $146.03 on Monday. The firm has a market capitalization of $18.22 billion, a price-to-earnings ratio of 33.00 and a beta of 1.16. iShares U.S. Technology ETF has a one year low of $124.32 and a one year high of $167.30. The company has a 50 day moving average price of $158.23 and a 200 day moving average price of $156.38.

About iShares U.S. Technology ETF

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).