iShares U.S. Technology ETF (NYSEARCA:IYW) Position Lowered by Transcend Capital Advisors LLC

Transcend Capital Advisors LLC reduced its position in iShares U.S. Technology ETF (NYSEARCA:IYW) by 16.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 7,851 shares of the exchange traded fund’s stock after selling 1,553 shares during the quarter. Transcend Capital Advisors LLC’s holdings in iShares U.S. Technology ETF were worth $1,252,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Phillips Financial Management LLC increased its holdings in shares of iShares U.S. Technology ETF by 1,545.5% in the 3rd quarter. Phillips Financial Management LLC now owns 181 shares of the exchange traded fund’s stock valued at $27,000 after acquiring an additional 170 shares during the last quarter. Brooklyn Investment Group lifted its stake in iShares U.S. Technology ETF by 84.3% during the fourth quarter. Brooklyn Investment Group now owns 199 shares of the exchange traded fund’s stock worth $32,000 after purchasing an additional 91 shares during the last quarter. Avion Wealth bought a new stake in iShares U.S. Technology ETF during the fourth quarter valued at $47,000. Activest Wealth Management acquired a new stake in shares of iShares U.S. Technology ETF during the third quarter worth $52,000. Finally, Kestra Investment Management LLC bought a new position in shares of iShares U.S. Technology ETF in the 4th quarter worth about $53,000.

iShares U.S. Technology ETF Stock Performance

NYSEARCA IYW opened at $161.55 on Friday. iShares U.S. Technology ETF has a one year low of $124.32 and a one year high of $167.30. The company has a 50-day simple moving average of $162.06 and a 200-day simple moving average of $155.68. The firm has a market capitalization of $19.85 billion, a PE ratio of 38.84 and a beta of 1.43.

iShares U.S. Technology ETF 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).