iShares U.S. Technology ETF (NYSEARCA:IYW) Stock Position Trimmed by Hutchens & Kramer Investment Management Group LLC

Hutchens & Kramer Investment Management Group LLC cut its position in iShares U.S. Technology ETF (NYSEARCA:IYW) by 2.7% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 4,320 shares of the exchange traded fund’s stock after selling 122 shares during the quarter. Hutchens & Kramer Investment Management Group LLC’s holdings in iShares U.S. Technology ETF were worth $689,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of IYW. LPL Financial LLC increased its stake in iShares U.S. Technology ETF by 3.0% during the 3rd quarter. LPL Financial LLC now owns 4,133,439 shares of the exchange traded fund’s stock valued at $626,712,000 after buying an additional 120,614 shares during the period. International Assets Investment Management LLC boosted its holdings in shares of iShares U.S. Technology ETF by 29,435.7% in the third quarter. International Assets Investment Management LLC now owns 3,190,156 shares of the exchange traded fund’s stock worth $483,691,000 after buying an additional 3,179,355 shares during the period. Park Avenue Securities LLC boosted its holdings in shares of iShares U.S. Technology ETF by 2.0% in the fourth quarter. Park Avenue Securities LLC now owns 931,780 shares of the exchange traded fund’s stock worth $148,638,000 after buying an additional 18,382 shares during the period. Cetera Investment Advisers boosted its holdings in shares of iShares U.S. Technology ETF by 0.9% during the second quarter. Cetera Investment Advisers now owns 750,041 shares of the exchange traded fund’s stock worth $112,881,000 after purchasing an additional 7,039 shares during the period. Finally, RiverFront Investment Group LLC boosted its holdings in shares of iShares U.S. Technology ETF by 7.4% during the second quarter. RiverFront Investment Group LLC now owns 725,878 shares of the exchange traded fund’s stock worth $109,245,000 after purchasing an additional 50,202 shares during the period.

iShares U.S. Technology ETF Stock Performance

IYW stock opened at $157.13 on Tuesday. The stock has a market cap of $19.30 billion, a P/E ratio of 38.84 and a beta of 1.43. The firm has a 50 day simple moving average of $161.63 and a 200 day simple moving average of $153.69. iShares U.S. Technology ETF has a 52 week low of $124.32 and a 52 week 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).