Hudson Valley Investment Advisors Inc. ADV Has $631,000 Stake in iShares U.S. Technology ETF (NYSEARCA:IYW)

Hudson Valley Investment Advisors Inc. ADV decreased its position in iShares U.S. Technology ETF (NYSEARCA:IYW) by 3.1% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,495 shares of the exchange traded fund’s stock after selling 145 shares during the quarter. Hudson Valley Investment Advisors Inc. ADV’s holdings in iShares U.S. Technology ETF were worth $631,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. LPL Financial LLC boosted its holdings in shares of iShares U.S. Technology ETF by 23.7% during the fourth quarter. LPL Financial LLC now owns 5,111,322 shares of the exchange traded fund’s stock worth $815,358,000 after acquiring an additional 977,883 shares during the period. Bank of America Corp DE boosted its holdings in shares of iShares U.S. Technology ETF by 0.6% during the fourth quarter. Bank of America Corp DE now owns 4,297,527 shares of the exchange traded fund’s stock worth $685,541,000 after acquiring an additional 26,427 shares during the period. JPMorgan Chase & Co. boosted its holdings in shares of iShares U.S. Technology ETF by 10.1% during the fourth quarter. JPMorgan Chase & Co. now owns 3,420,965 shares of the exchange traded fund’s stock worth $545,713,000 after acquiring an additional 314,689 shares during the period. Raymond James Financial Inc. bought a new stake in shares of iShares U.S. Technology ETF during the fourth quarter worth approximately $256,146,000. Finally, Wells Fargo & Company MN boosted its holdings in shares of iShares U.S. Technology ETF by 14.2% during the fourth quarter. Wells Fargo & Company MN now owns 1,423,744 shares of the exchange traded fund’s stock worth $227,116,000 after acquiring an additional 177,492 shares during the period.

iShares U.S. Technology ETF Price Performance

Shares of NYSEARCA:IYW opened at $163.54 on Friday. The company has a market capitalization of $20.08 billion, a P/E ratio of 35.28 and a beta of 1.23. iShares U.S. Technology ETF has a 1 year low of $117.55 and a 1 year high of $167.30. The business’s 50 day simple moving average is $146.00 and its 200 day simple moving average is $153.80.

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).