iShares U.S. Technology ETF (NYSEARCA:IYW) is Stonebridge Financial Planning Group LLC’s 2nd Largest Position

Stonebridge Financial Planning Group LLC lowered its stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 5.8% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 79,507 shares of the exchange traded fund’s stock after selling 4,894 shares during the quarter. iShares U.S. Technology ETF accounts for 5.6% of Stonebridge Financial Planning Group LLC’s investment portfolio, making the stock its 2nd biggest position. Stonebridge Financial Planning Group LLC owned 0.08% of iShares U.S. Technology ETF worth $9,759,000 as of its most recent filing with the SEC.

Other hedge funds also recently made changes to their positions in the company. International Assets Investment Management LLC boosted its holdings in shares of iShares U.S. Technology ETF by 13,488.1% in the 4th quarter. International Assets Investment Management LLC now owns 1,145,345 shares of the exchange traded fund’s stock worth $140,591,000 after purchasing an additional 1,136,916 shares in the last quarter. Envestnet Portfolio Solutions Inc. bought a new position in iShares U.S. Technology ETF during the third quarter valued at approximately $90,722,000. The Manufacturers Life Insurance Company raised its stake in shares of iShares U.S. Technology ETF by 3,606.9% during the third quarter. The Manufacturers Life Insurance Company now owns 622,757 shares of the exchange traded fund’s stock worth $65,337,000 after acquiring an additional 605,957 shares in the last quarter. Hsbc Holdings PLC lifted its holdings in shares of iShares U.S. Technology ETF by 1,449.5% in the 3rd quarter. Hsbc Holdings PLC now owns 475,831 shares of the exchange traded fund’s stock worth $49,924,000 after acquiring an additional 445,122 shares during the last quarter. Finally, CWM LLC boosted its stake in shares of iShares U.S. Technology ETF by 50.1% in the 4th quarter. CWM LLC now owns 1,078,737 shares of the exchange traded fund’s stock valued at $132,415,000 after purchasing an additional 360,020 shares in the last quarter.

iShares U.S. Technology ETF Stock Performance

Shares of IYW stock traded down $2.87 on Tuesday, hitting $128.17. 754,880 shares of the company’s stock traded hands, compared to its average volume of 894,879. The stock has a market capitalization of $15.64 billion, a price-to-earnings ratio of 40.59 and a beta of 1.39. The company’s fifty day simple moving average is $132.87 and its 200 day simple moving average is $124.11. iShares U.S. Technology ETF has a one year low of $90.76 and a one year high of $137.54.

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).