Huntington National Bank Trims Stock Position in iShares U.S. Technology ETF (NYSEARCA:IYW)

Huntington National Bank trimmed its position in iShares U.S. Technology ETF (NYSEARCA:IYW) by 4.8% during the 4th quarter, HoldingsChannel.com reports. The firm owned 55,033 shares of the exchange traded fund’s stock after selling 2,788 shares during the period. Huntington National Bank’s holdings in iShares U.S. Technology ETF were worth $8,779,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in IYW. Mainstream Capital Management LLC grew its position in iShares U.S. Technology ETF by 1.3% in the fourth quarter. Mainstream Capital Management LLC now owns 4,945 shares of the exchange traded fund’s stock worth $789,000 after acquiring an additional 63 shares during the period. XML Financial LLC grew its holdings in shares of iShares U.S. Technology ETF by 1.7% during the 4th quarter. XML Financial LLC now owns 4,396 shares of the exchange traded fund’s stock worth $701,000 after purchasing an additional 73 shares during the period. New Republic Capital LLC increased its position in shares of iShares U.S. Technology ETF by 4.4% during the 4th quarter. New Republic Capital LLC now owns 1,925 shares of the exchange traded fund’s stock worth $307,000 after purchasing an additional 82 shares during the last quarter. Marino Stram & Associates LLC raised its holdings in iShares U.S. Technology ETF by 4.6% in the 4th quarter. Marino Stram & Associates LLC now owns 1,990 shares of the exchange traded fund’s stock valued at $317,000 after buying an additional 88 shares during the period. Finally, SRS Capital Advisors Inc. lifted its position in iShares U.S. Technology ETF by 43.7% in the fourth quarter. SRS Capital Advisors Inc. now owns 296 shares of the exchange traded fund’s stock valued at $47,000 after buying an additional 90 shares during the last quarter.

iShares U.S. Technology ETF Stock Performance

iShares U.S. Technology ETF stock opened at $142.86 on Thursday. The company’s 50 day simple moving average is $154.16 and its 200-day simple moving average is $156.43. iShares U.S. Technology ETF has a 1 year low of $124.32 and a 1 year high of $167.30. The company has a market capitalization of $17.81 billion, a price-to-earnings ratio of 31.74 and a beta of 1.22.

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).