Graves Light Lenhart Wealth Inc. Cuts Stake in iShares U.S. Technology ETF (NYSEARCA:IYW)

Graves Light Lenhart Wealth Inc. cut its holdings in iShares U.S. Technology ETF (NYSEARCA:IYW) by 16.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 8,892 shares of the exchange traded fund’s stock after selling 1,761 shares during the quarter. Graves Light Lenhart Wealth Inc.’s holdings in iShares U.S. Technology ETF were worth $1,418,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in IYW. FMR LLC grew its holdings in iShares U.S. Technology ETF by 11.0% in the third quarter. FMR LLC now owns 62,648 shares of the exchange traded fund’s stock worth $9,499,000 after purchasing an additional 6,225 shares during the last quarter. Natixis Advisors LLC boosted its position in shares of iShares U.S. Technology ETF by 28.1% in the 3rd quarter. Natixis Advisors LLC now owns 16,136 shares of the exchange traded fund’s stock worth $2,447,000 after purchasing an additional 3,539 shares in the last quarter. Ascent Group LLC grew its stake in iShares U.S. Technology ETF by 22.7% during the 2nd quarter. Ascent Group LLC now owns 43,612 shares of the exchange traded fund’s stock worth $6,564,000 after buying an additional 8,077 shares during the last quarter. Great Valley Advisor Group Inc. increased its position in iShares U.S. Technology ETF by 1.9% during the 3rd quarter. Great Valley Advisor Group Inc. now owns 3,963 shares of the exchange traded fund’s stock valued at $600,000 after buying an additional 73 shares in the last quarter. Finally, Brown Brothers Harriman & Co. raised its stake in 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 buying an additional 245 shares during the last quarter.

iShares U.S. Technology ETF Stock Performance

Shares of NYSEARCA IYW opened at $156.56 on Tuesday. iShares U.S. Technology ETF has a fifty-two week low of $121.05 and a fifty-two week high of $166.47. The company has a market cap of $19.23 billion, a PE ratio of 38.84 and a beta of 1.43. The business has a 50-day simple moving average of $160.96 and a two-hundred day simple moving average of $153.19.

iShares U.S. Technology ETF Company 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).