Dynasty Wealth Management LLC Sells 128,494 Shares of iShares U.S. Technology ETF $IYW

Dynasty Wealth Management LLC lowered its position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 11.5% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 986,140 shares of the exchange traded fund’s stock after selling 128,494 shares during the quarter. iShares U.S. Technology ETF accounts for about 1.9% of Dynasty Wealth Management LLC’s investment portfolio, making the stock its 17th largest position. Dynasty Wealth Management LLC’s holdings in iShares U.S. Technology ETF were worth $196,913,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of IYW. CWA Asset Management Group LLC lifted its stake in shares of iShares U.S. Technology ETF by 0.7% during the 4th quarter. CWA Asset Management Group LLC now owns 6,955 shares of the exchange traded fund’s stock valued at $1,389,000 after buying an additional 50 shares in the last quarter. Tiller Private Wealth Inc. increased its stake in iShares U.S. Technology ETF by 3.2% in the 4th quarter. Tiller Private Wealth Inc. now owns 1,953 shares of the exchange traded fund’s stock worth $390,000 after buying an additional 60 shares in the last quarter. Center For Asset Management LLC increased its stake in iShares U.S. Technology ETF by 3.7% in the 4th quarter. Center For Asset Management LLC now owns 1,669 shares of the exchange traded fund’s stock worth $333,000 after buying an additional 60 shares in the last quarter. Quadrant Private Wealth Management LLC raised its holdings in iShares U.S. Technology ETF by 0.7% during the fourth quarter. Quadrant Private Wealth Management LLC now owns 8,531 shares of the exchange traded fund’s stock valued at $1,703,000 after acquiring an additional 60 shares during the period. Finally, Americana Partners LLC raised its holdings in iShares U.S. Technology ETF by 3.0% during the fourth quarter. Americana Partners LLC now owns 2,111 shares of the exchange traded fund’s stock valued at $422,000 after acquiring an additional 62 shares during the period. 57.65% of the stock is owned by hedge funds and other institutional investors.

iShares U.S. Technology ETF Stock Up 0.8%

Shares of iShares U.S. Technology ETF stock opened at $259.94 on Wednesday. The company has a market capitalization of $25.57 billion, a price-to-earnings ratio of 34.95 and a beta of 1.33. The stock’s 50-day simple moving average is $214.63 and its 200-day simple moving average is $202.97. iShares U.S. Technology ETF has a 52 week low of $159.60 and a 52 week high of $260.11.

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.