Thrivent Financial for Lutherans Sells 8,537 Shares of iShares U.S. Technology ETF $IYW

Thrivent Financial for Lutherans trimmed its stake in iShares U.S. Technology ETF (NYSEARCA:IYW) by 11.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 69,376 shares of the exchange traded fund’s stock after selling 8,537 shares during the period. Thrivent Financial for Lutherans owned 0.07% of iShares U.S. Technology ETF worth $13,891,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of IYW. Triumph Capital Management bought a new position in iShares U.S. Technology ETF in the third quarter worth about $28,000. Hantz Financial Services Inc. bought a new stake in iShares U.S. Technology ETF during the 3rd quarter valued at approximately $31,000. Collier Financial purchased a new position in shares of iShares U.S. Technology ETF during the 3rd quarter worth approximately $37,000. Beacon Financial Strategies CORP purchased a new position in shares of iShares U.S. Technology ETF during the 4th quarter worth approximately $41,000. Finally, Flagship Harbor Advisors LLC bought a new position in shares of iShares U.S. Technology ETF in the 4th quarter worth approximately $44,000. Hedge funds and other institutional investors own 57.65% of the company’s stock.

iShares U.S. Technology ETF Stock Down 1.0%

IYW opened at $236.39 on Tuesday. The stock has a market cap of $23.25 billion, a PE ratio of 34.95 and a beta of 1.33. The business has a 50 day moving average of $203.57 and a 200-day moving average of $200.15. iShares U.S. Technology ETF has a 52 week low of $154.02 and a 52 week high of $243.69.

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). The Index measures the performance of the technology sector of the United States equity market, and includes companies in the industry groups, such as software and computer services and technology hardware and equipment.