iShares U.S. Technology ETF (NYSEARCA:IYW) Stock Position Lowered by Interchange Capital Partners LLC

Interchange Capital Partners LLC lessened its position in iShares U.S. Technology ETF (NYSEARCA:IYW) by 9.2% in the 4th quarter, Holdings Channel reports. The fund owned 9,673 shares of the exchange traded fund’s stock after selling 979 shares during the period. Interchange Capital Partners LLC’s holdings in iShares U.S. Technology ETF were worth $1,543,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Brooklyn Investment Group increased its stake in shares of iShares U.S. Technology ETF by 84.3% during the 4th quarter. Brooklyn Investment Group now owns 199 shares of the exchange traded fund’s stock worth $32,000 after purchasing an additional 91 shares during the last quarter. SRS Capital Advisors Inc. grew its stake in iShares U.S. Technology ETF by 43.7% in the 4th quarter. SRS Capital Advisors Inc. now owns 296 shares of the exchange traded fund’s stock valued at $47,000 after buying an additional 90 shares during the last quarter. Avion Wealth bought a new stake in iShares U.S. Technology ETF in the 4th quarter valued at $47,000. Atala Financial Inc bought a new stake in iShares U.S. Technology ETF in the 4th quarter valued at $52,000. Finally, Kestra Investment Management LLC bought a new position in shares of iShares U.S. Technology ETF during the 4th quarter worth about $53,000.

iShares U.S. Technology ETF Stock Performance

NYSEARCA:IYW opened at $146.23 on Monday. iShares U.S. Technology ETF has a 52 week low of $124.32 and a 52 week high of $167.30. The company has a market capitalization of $18.24 billion, a price-to-earnings ratio of 33.00 and a beta of 1.16. The company has a 50-day moving average of $156.70 and a 200-day moving average of $156.41.

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).