Diversify Advisory Services LLC Has $2.03 Million Stake in iShares U.S. Technology ETF (NYSEARCA:IYW)

Diversify Advisory Services LLC cut its holdings in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 13.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 12,845 shares of the exchange traded fund’s stock after selling 1,996 shares during the period. Diversify Advisory Services LLC’s holdings in iShares U.S. Technology ETF were worth $2,028,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Phillips Financial Management LLC boosted its stake in iShares U.S. Technology ETF by 1,545.5% in the third quarter. Phillips Financial Management LLC now owns 181 shares of the exchange traded fund’s stock worth $27,000 after purchasing an additional 170 shares in the last quarter. Brooklyn Investment Group lifted its position in 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 buying an additional 91 shares in the last quarter. Activest Wealth Management bought a new stake in iShares U.S. Technology ETF during the 3rd quarter worth about $52,000. Legacy Investment Solutions LLC acquired a new stake in iShares U.S. Technology ETF in the 3rd quarter valued at about $63,000. Finally, PSI Advisors LLC raised its stake in shares of iShares U.S. Technology ETF by 36.2% in the fourth quarter. PSI Advisors LLC now owns 463 shares of the exchange traded fund’s stock worth $74,000 after acquiring an additional 123 shares during the last quarter.

iShares U.S. Technology ETF Price Performance

IYW opened at $161.29 on Monday. The stock has a market capitalization of $19.81 billion, a P/E ratio of 38.84 and a beta of 1.43. The company’s 50 day simple moving average is $161.12 and its 200-day simple moving average is $153.41. iShares U.S. Technology ETF has a one year low of $123.78 and a one year high of $166.47.

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).