iShares U.S. Technology ETF (NYSEARCA:IYW) Shares Sold by Laurel Wealth Advisors LLC

Laurel Wealth Advisors LLC cut its holdings in iShares U.S. Technology ETF (NYSEARCA:IYW) by 4.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,877 shares of the exchange traded fund’s stock after selling 825 shares during the quarter. Laurel Wealth Advisors LLC’s holdings in iShares U.S. Technology ETF were worth $2,194,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of IYW. Authentikos Wealth Advisory LLC purchased a new stake in shares of iShares U.S. Technology ETF in the third quarter valued at approximately $33,000. Sheets Smith Wealth Management purchased a new stake in shares of iShares U.S. Technology ETF in the third quarter valued at approximately $35,000. LWM Advisory Services LLC purchased a new stake in shares of iShares U.S. Technology ETF in the third quarter valued at approximately $40,000. Headinvest LLC purchased a new stake in shares of iShares U.S. Technology ETF in the third quarter valued at approximately $42,000. Finally, Annis Gardner Whiting Capital Advisors LLC purchased a new stake in shares of iShares U.S. Technology ETF in the third quarter valued at approximately $43,000.

iShares U.S. Technology ETF Stock Up 2.1 %

Shares of iShares U.S. Technology ETF stock traded up $2.75 during trading on Friday, reaching $130.95. The company’s stock had a trading volume of 798,608 shares, compared to its average volume of 901,852. iShares U.S. Technology ETF has a 12-month low of $90.75 and a 12-month high of $137.54. The company has a market capitalization of $15.98 billion, a P/E ratio of 40.59 and a beta of 1.39. The business has a 50 day moving average price of $132.87 and a 200-day moving average price of $123.61.

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).