Essex Financial Services Inc. Reduces Stock Holdings in iShares U.S. Technology ETF (NYSEARCA:IYW)

Essex Financial Services Inc. reduced its position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 1.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund 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 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the company. Comprehensive Financial Planning Inc. PA acquired a new stake in shares of iShares U.S. Technology ETF during the 4th quarter worth approximately $884,000. Ferguson Wellman Capital Management Inc. grew its position in iShares U.S. Technology ETF by 0.5% in the fourth quarter. Ferguson Wellman Capital Management Inc. now owns 27,576 shares of the exchange traded fund’s stock worth $4,399,000 after acquiring an additional 136 shares during the period. Savant Capital LLC increased its stake in iShares U.S. Technology ETF by 167.0% during the fourth quarter. Savant Capital LLC now owns 13,149 shares of the exchange traded fund’s stock worth $2,098,000 after acquiring an additional 8,224 shares during the last quarter. Wealthstar Advisors LLC purchased a new stake in iShares U.S. Technology ETF in the fourth quarter valued at $1,549,000. Finally, Newbridge Financial Services Group Inc. acquired a new position in shares of iShares U.S. Technology ETF in the 4th quarter valued at $220,000.

iShares U.S. Technology ETF Trading Down 0.0 %

NYSEARCA IYW opened at $162.63 on Wednesday. The stock has a fifty day simple moving average of $161.97 and a 200-day simple moving average of $154.52. The stock has a market cap of $19.98 billion, a PE ratio of 38.84 and a beta of 1.43. iShares U.S. Technology ETF has a twelve month low of $124.32 and a twelve month high of $166.83.

About iShares U.S. Technology ETF

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).