US Bancorp DE Sells 6,822 Shares of iShares U.S. Technology ETF (NYSEARCA:IYW)

US Bancorp DE lowered its stake in iShares U.S. Technology ETF (NYSEARCA:IYW) by 5.7% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 112,429 shares of the exchange traded fund’s stock after selling 6,822 shares during the quarter. US Bancorp DE’s holdings in iShares U.S. Technology ETF were worth $17,935,000 at the end of the most recent reporting period.

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

iShares U.S. Technology ETF Stock Up 1.6 %

NYSEARCA IYW opened at $154.66 on Monday. iShares U.S. Technology ETF has a 52 week low of $124.32 and a 52 week high of $167.30. The business has a 50 day moving average price of $161.41 and a 200-day moving average price of $156.52. The company has a market cap of $19.43 billion, a price-to-earnings ratio of 35.73 and a beta of 1.14.

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).