Migdal Insurance & Financial Holdings Ltd. Sells 2,734 Shares of iShares U.S. Technology ETF (NYSEARCA:IYW)

Migdal Insurance & Financial Holdings Ltd. lessened its position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 5.8% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 44,401 shares of the exchange traded fund’s stock after selling 2,734 shares during the period. Migdal Insurance & Financial Holdings Ltd.’s holdings in iShares U.S. Technology ETF were worth $6,236,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the company. Transce3nd LLC raised its stake in iShares U.S. Technology ETF by 11.8% during the first quarter. Transce3nd LLC now owns 2,620 shares of the exchange traded fund’s stock worth $368,000 after buying an additional 276 shares during the last quarter. Patton Albertson Miller Group LLC raised its stake in iShares U.S. Technology ETF by 28.9% during the first quarter. Patton Albertson Miller Group LLC now owns 102,701 shares of the exchange traded fund’s stock worth $14,423,000 after buying an additional 23,028 shares during the last quarter. Kingsview Wealth Management LLC grew its holdings in iShares U.S. Technology ETF by 63.9% in the first quarter. Kingsview Wealth Management LLC now owns 3,710 shares of the exchange traded fund’s stock worth $521,000 after purchasing an additional 1,447 shares during the period. Montis Financial LLC grew its holdings in iShares U.S. Technology ETF by 3.0% in the first quarter. Montis Financial LLC now owns 17,253 shares of the exchange traded fund’s stock worth $2,423,000 after purchasing an additional 500 shares during the period. Finally, Mayflower Financial Advisors LLC grew its holdings in iShares U.S. Technology ETF by 5.9% in the first quarter. Mayflower Financial Advisors LLC now owns 26,264 shares of the exchange traded fund’s stock worth $3,689,000 after purchasing an additional 1,456 shares during the period. Institutional investors own 57.65% of the company’s stock.

iShares U.S. Technology ETF Stock Up 0.1%

NYSEARCA:IYW traded up $0.18 during trading hours on Friday, reaching $178.87. The company had a trading volume of 46,936 shares, compared to its average volume of 808,704. The firm has a market cap of $22.47 billion, a price-to-earnings ratio of 34.95 and a beta of 1.15. The business’s 50-day simple moving average is $165.52 and its two-hundred day simple moving average is $155.47. iShares U.S. Technology ETF has a twelve month low of $117.55 and a twelve month high of $180.15.

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).