iShares U.S. Technology ETF (NYSEARCA:IYW) Shares Sold by W.H. Cornerstone Investments Inc.

W.H. Cornerstone Investments Inc. reduced its holdings in iShares U.S. Technology ETF (NYSEARCA:IYW) by 34.1% during the 4th quarter, Holdings Channel reports. The firm owned 4,039 shares of the exchange traded fund’s stock after selling 2,089 shares during the quarter. W.H. Cornerstone Investments Inc.’s holdings in iShares U.S. Technology ETF were worth $496,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Authentikos Wealth Advisory LLC purchased a new stake in shares of iShares U.S. Technology ETF during the third quarter worth approximately $33,000. LWM Advisory Services LLC purchased a new stake in shares of iShares U.S. Technology ETF during the third quarter worth $40,000. Headinvest LLC acquired a new stake in shares of iShares U.S. Technology ETF in the third quarter valued at about $42,000. Annis Gardner Whiting Capital Advisors LLC purchased a new position in shares of iShares U.S. Technology ETF in the third quarter worth about $43,000. Finally, Signaturefd LLC boosted its position in iShares U.S. Technology ETF by 101.4% during the third quarter. Signaturefd LLC now owns 445 shares of the exchange traded fund’s stock worth $47,000 after acquiring an additional 224 shares during the last quarter.

iShares U.S. Technology ETF Price Performance

NYSEARCA IYW traded up $3.16 during trading hours on Friday, hitting $132.17. 1,312,736 shares of the company’s stock traded hands, compared to its average volume of 897,433. The firm’s 50-day moving average is $132.72 and its 200-day moving average is $124.70. iShares U.S. Technology ETF has a 52-week low of $90.76 and a 52-week high of $137.54. The company has a market capitalization of $16.24 billion, a PE ratio of 38.84 and a beta of 1.43.

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).