First United Bank & Trust Sells 142 Shares of iShares U.S. Technology ETF (NYSEARCA:IYW)

First United Bank & Trust trimmed its holdings in iShares U.S. Technology ETF (NYSEARCA:IYW) by 0.8% in the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 17,483 shares of the exchange traded fund’s stock after selling 142 shares during the quarter. iShares U.S. Technology ETF comprises approximately 1.0% of First United Bank & Trust’s portfolio, making the stock its 28th biggest position. First United Bank & Trust’s holdings in iShares U.S. Technology ETF were worth $2,789,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of IYW. LPL Financial LLC grew its stake in shares of iShares U.S. Technology ETF by 3.0% in the third quarter. LPL Financial LLC now owns 4,133,439 shares of the exchange traded fund’s stock worth $626,712,000 after acquiring an additional 120,614 shares during the period. International Assets Investment Management LLC boosted its holdings in iShares U.S. Technology ETF by 29,435.7% in the third quarter. International Assets Investment Management LLC now owns 3,190,156 shares of the exchange traded fund’s stock worth $483,691,000 after purchasing an additional 3,179,355 shares during the last quarter. Park Avenue Securities LLC grew its position in iShares U.S. Technology ETF by 2.0% in the 4th quarter. Park Avenue Securities LLC now owns 931,780 shares of the exchange traded fund’s stock worth $148,638,000 after purchasing an additional 18,382 shares during the period. Cetera Investment Advisers raised its stake in iShares U.S. Technology ETF by 0.9% during the 2nd quarter. Cetera Investment Advisers now owns 750,041 shares of the exchange traded fund’s stock valued at $112,881,000 after buying an additional 7,039 shares during the last quarter. Finally, RiverFront Investment Group LLC lifted its holdings in shares of iShares U.S. Technology ETF by 7.4% during the 2nd quarter. RiverFront Investment Group LLC now owns 725,878 shares of the exchange traded fund’s stock valued at $109,245,000 after buying an additional 50,202 shares during the period.

iShares U.S. Technology ETF Price Performance

Shares of IYW opened at $161.29 on Tuesday. The firm has a market capitalization of $19.81 billion, a P/E ratio of 38.84 and a beta of 1.43. iShares U.S. Technology ETF has a one year low of $123.78 and a one year high of $166.47. The business has a fifty day moving average of $161.14 and a 200 day moving average of $153.46.

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).