HB Wealth Management LLC Sells 76 Shares of iShares U.S. Technology ETF (NYSEARCA:IYW)

HB Wealth Management LLC decreased its position in iShares U.S. Technology ETF (NYSEARCA:IYW) by 0.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 14,806 shares of the exchange traded fund’s stock after selling 76 shares during the quarter. HB Wealth Management LLC’s holdings in iShares U.S. Technology ETF were worth $2,362,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the company. Arkadios Wealth Advisors raised its holdings in iShares U.S. Technology ETF by 16.9% in the fourth quarter. Arkadios Wealth Advisors now owns 13,201 shares of the exchange traded fund’s stock worth $2,106,000 after purchasing an additional 1,910 shares in the last quarter. Retirement Wealth Solutions LLC purchased a new stake in shares of iShares U.S. Technology ETF in the fourth quarter worth $1,354,000. Brooklyn Investment Group grew its stake in shares of iShares U.S. Technology ETF by 84.3% in the fourth quarter. Brooklyn Investment Group now owns 199 shares of the exchange traded fund’s stock worth $32,000 after acquiring an additional 91 shares during the last quarter. Merit Financial Group LLC grew its stake in shares of iShares U.S. Technology ETF by 93.5% in the fourth quarter. Merit Financial Group LLC now owns 83,397 shares of the exchange traded fund’s stock worth $13,303,000 after acquiring an additional 40,305 shares during the last quarter. Finally, Saxon Interests Inc. grew its stake in shares of iShares U.S. Technology ETF by 13.9% in the fourth quarter. Saxon Interests Inc. now owns 7,056 shares of the exchange traded fund’s stock worth $1,126,000 after acquiring an additional 860 shares during the last quarter.

iShares U.S. Technology ETF Trading Up 1.6 %

NYSEARCA IYW opened at $161.29 on Monday. iShares U.S. Technology ETF has a 12 month low of $123.78 and a 12 month high of $166.47. The stock has a market cap of $19.81 billion, a P/E ratio of 38.84 and a beta of 1.43. The stock’s fifty day moving average price is $161.12 and its 200-day moving average price is $153.41.

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).