Secure Asset Management LLC Sells 1,207 Shares of iShares U.S. Technology ETF (NYSEARCA:IYW)

Secure Asset Management LLC lowered its stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 5.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 22,901 shares of the exchange traded fund’s stock after selling 1,207 shares during the period. Secure Asset Management LLC’s holdings in iShares U.S. Technology ETF were worth $3,653,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. AQR Capital Management LLC bought a new position in shares of iShares U.S. Technology ETF during the second quarter worth $342,000. Daymark Wealth Partners LLC acquired a new position in iShares U.S. Technology ETF in the second quarter valued at about $545,000. The Manufacturers Life Insurance Company acquired a new position in iShares U.S. Technology ETF in the second quarter valued at about $1,791,000. Ascent Group LLC raised its position in shares of iShares U.S. Technology ETF by 22.7% during the second quarter. Ascent Group LLC now owns 43,612 shares of the exchange traded fund’s stock worth $6,564,000 after purchasing an additional 8,077 shares during the period. Finally, Creative Planning lifted its holdings in shares of iShares U.S. Technology ETF by 0.7% during the 2nd quarter. Creative Planning now owns 116,882 shares of the exchange traded fund’s stock valued at $17,591,000 after purchasing an additional 786 shares in the last quarter.

iShares U.S. Technology ETF Stock Performance

Shares of IYW opened at $166.22 on Friday. The stock has a 50 day simple moving average of $161.42 and a 200 day simple moving average of $153.68. iShares U.S. Technology ETF has a 52-week low of $124.32 and a 52-week high of $166.47. The firm has a market capitalization of $20.42 billion, a PE ratio of 38.84 and a beta of 1.43.

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).