Moloney Securities Asset Management LLC Decreases Holdings in iShares U.S. Technology ETF (NYSEARCA:IYW)

Moloney Securities Asset Management LLC decreased its position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 81.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,475 shares of the exchange traded fund’s stock after selling 53,476 shares during the quarter. Moloney Securities Asset Management LLC’s holdings in iShares U.S. Technology ETF were worth $1,990,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Phillips Financial Management LLC boosted its stake in shares of iShares U.S. Technology ETF by 1,545.5% during the 3rd quarter. Phillips Financial Management LLC now owns 181 shares of the exchange traded fund’s stock worth $27,000 after acquiring an additional 170 shares in the last quarter. Brooklyn Investment Group boosted its stake in shares of iShares U.S. Technology ETF by 84.3% during the 4th quarter. Brooklyn Investment Group now owns 199 shares of the exchange traded fund’s stock worth $32,000 after acquiring an additional 91 shares in the last quarter. Activest Wealth Management purchased a new stake in shares of iShares U.S. Technology ETF during the 3rd quarter worth approximately $52,000. China Universal Asset Management Co. Ltd. boosted its stake in shares of iShares U.S. Technology ETF by 37,900.0% during the 4th quarter. China Universal Asset Management Co. Ltd. now owns 380 shares of the exchange traded fund’s stock worth $61,000 after acquiring an additional 379 shares in the last quarter. Finally, Legacy Investment Solutions LLC purchased a new stake in shares of iShares U.S. Technology ETF during the 3rd quarter worth approximately $63,000.

iShares U.S. Technology ETF Price Performance

Shares of NYSEARCA:IYW opened at $160.40 on Friday. The business’s 50 day simple moving average is $161.93 and its 200-day simple moving average is $154.19. The firm has a market capitalization of $19.71 billion, a price-to-earnings ratio of 38.84 and a beta of 1.43. iShares U.S. Technology ETF has a 12 month low of $124.32 and a 12 month high of $166.83.

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).