Pinnacle Financial Partners Inc Sells 235 Shares of iShares U.S. Technology ETF (NYSEARCA:IYW)

Pinnacle Financial Partners Inc reduced its holdings in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 7.7% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 2,805 shares of the exchange traded fund’s stock after selling 235 shares during the quarter. Pinnacle Financial Partners Inc’s holdings in iShares U.S. Technology ETF were worth $447,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of the business. FMR LLC raised its position in iShares U.S. Technology ETF by 11.0% in the third quarter. FMR LLC now owns 62,648 shares of the exchange traded fund’s stock valued at $9,499,000 after purchasing an additional 6,225 shares during the last quarter. Natixis Advisors LLC raised its position in iShares U.S. Technology ETF by 28.1% in the third quarter. Natixis Advisors LLC now owns 16,136 shares of the exchange traded fund’s stock valued at $2,447,000 after purchasing an additional 3,539 shares during the last quarter. Great Valley Advisor Group Inc. raised its position in iShares U.S. Technology ETF by 1.9% in the third quarter. Great Valley Advisor Group Inc. now owns 3,963 shares of the exchange traded fund’s stock valued at $600,000 after purchasing an additional 73 shares during the last quarter. Brown Brothers Harriman & Co. raised its position in iShares U.S. Technology ETF by 81.7% in the third quarter. Brown Brothers Harriman & Co. now owns 545 shares of the exchange traded fund’s stock valued at $83,000 after purchasing an additional 245 shares during the last quarter. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors increased its stake in shares of iShares U.S. Technology ETF by 21.4% in the third quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 1,875 shares of the exchange traded fund’s stock valued at $284,000 after buying an additional 330 shares during the period.

iShares U.S. Technology ETF Trading Down 2.6 %

Shares of IYW stock opened at $161.55 on Monday. The stock has a market cap of $19.85 billion, a price-to-earnings ratio of 38.84 and a beta of 1.43. The stock has a 50-day moving average of $162.06 and a 200-day moving average of $155.98. iShares U.S. Technology ETF has a 1-year low of $124.32 and a 1-year high of $167.30.

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).