Trustmark National Bank Trust Department Cuts Stock Holdings in iShares U.S. Technology ETF (NYSEARCA:IYW)

Trustmark National Bank Trust Department trimmed its holdings in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 6.4% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 13,815 shares of the exchange traded fund’s stock after selling 940 shares during the quarter. Trustmark National Bank Trust Department’s holdings in iShares U.S. Technology ETF were worth $2,095,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Rosenberg Matthew Hamilton boosted its position in iShares U.S. Technology ETF by 133.8% in the second quarter. Rosenberg Matthew Hamilton now owns 166 shares of the exchange traded fund’s stock worth $25,000 after purchasing an additional 95 shares during the last quarter. Central Bank & Trust Co. grew its stake in shares of iShares U.S. Technology ETF by 343.6% during the 2nd quarter. Central Bank & Trust Co. now owns 173 shares of the exchange traded fund’s stock valued at $26,000 after acquiring an additional 134 shares during the period. Phillips Financial Management LLC raised its stake in iShares U.S. Technology ETF by 1,545.5% during the 3rd quarter. Phillips Financial Management LLC now owns 181 shares of the exchange traded fund’s stock worth $27,000 after acquiring an additional 170 shares during the period. Chris Bulman Inc purchased a new stake in shares of iShares U.S. Technology ETF in the second quarter worth $41,000. Finally, Cultivar Capital Inc. purchased a new position in shares of iShares U.S. Technology ETF during the 2nd quarter valued at $53,000.

iShares U.S. Technology ETF Stock Performance

Shares of iShares U.S. Technology ETF stock opened at $157.91 on Thursday. The company has a fifty day moving average of $153.56 and a 200 day moving average of $148.11. The company has a market capitalization of $19.40 billion, a P/E ratio of 38.84 and a beta of 1.43. iShares U.S. Technology ETF has a fifty-two week low of $114.84 and a fifty-two week high of $161.49.

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).