iShares U.S. Technology ETF (NYSEARCA:IYW) Shares Sold by Essex Financial Services Inc.

Essex Financial Services Inc. trimmed its position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 1.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,709 shares of the exchange traded fund’s stock after selling 85 shares during the period. Essex Financial Services Inc.’s holdings in iShares U.S. Technology ETF were worth $1,070,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of IYW. FMR LLC increased its stake in iShares U.S. Technology ETF by 11.0% during the 3rd quarter. FMR LLC now owns 62,648 shares of the exchange traded fund’s stock worth $9,499,000 after buying an additional 6,225 shares during the period. Natixis Advisors LLC increased its position in shares of iShares U.S. Technology ETF by 28.1% during the third quarter. Natixis Advisors LLC now owns 16,136 shares of the exchange traded fund’s stock worth $2,447,000 after acquiring an additional 3,539 shares during the period. Great Valley Advisor Group Inc. increased its position in shares of iShares U.S. Technology ETF by 1.9% during the third quarter. Great Valley Advisor Group Inc. now owns 3,963 shares of the exchange traded fund’s stock worth $600,000 after acquiring an additional 73 shares during the period. Brown Brothers Harriman & Co. raised its stake in shares of iShares U.S. Technology ETF by 81.7% in the third quarter. Brown Brothers Harriman & Co. now owns 545 shares of the exchange traded fund’s stock valued at $83,000 after acquiring an additional 245 shares in the last quarter. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors grew its stake in iShares U.S. Technology ETF by 21.4% during the 3rd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 1,875 shares of the exchange traded fund’s stock worth $284,000 after purchasing an additional 330 shares in the last quarter.

iShares U.S. Technology ETF Price Performance

IYW stock opened at $162.63 on Wednesday. The business’s 50-day moving average is $161.97 and its two-hundred day moving average is $154.52. The firm has a market capitalization of $19.98 billion, a P/E ratio of 38.84 and a beta of 1.43. iShares U.S. Technology ETF has a 1 year low of $124.32 and a 1 year high of $166.83.

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).