Mirae Asset Global Investments Co. Ltd. lowered its stake in iShares U.S. Technology ETF (NYSEARCA:IYW – Free Report) by 2.7% in the 4th quarter, HoldingsChannel.com reports. The fund owned 5,717 shares of the exchange traded fund’s stock after selling 156 shares during the quarter. Mirae Asset Global Investments Co. Ltd.’s holdings in iShares U.S. Technology ETF were worth $912,000 at the end of the most recent quarter.
A number of other institutional investors also recently modified their holdings of IYW. Phillips Financial Management LLC raised its holdings in iShares U.S. Technology ETF by 1,545.5% during the third quarter. Phillips Financial Management LLC now owns 181 shares of the exchange traded fund’s stock worth $27,000 after buying an additional 170 shares during the last quarter. Brooklyn Investment Group increased its position in shares of iShares U.S. Technology ETF by 84.3% during the fourth quarter. Brooklyn Investment Group now owns 199 shares of the exchange traded fund’s stock worth $32,000 after acquiring an additional 91 shares in the last quarter. Activest Wealth Management acquired a new stake in shares of iShares U.S. Technology ETF in the 3rd quarter worth about $52,000. China Universal Asset Management Co. Ltd. lifted its position in iShares U.S. Technology ETF by 37,900.0% in the 4th quarter. China Universal Asset Management Co. Ltd. now owns 380 shares of the exchange traded fund’s stock valued at $61,000 after acquiring an additional 379 shares in the last quarter. Finally, Legacy Investment Solutions LLC acquired a new position in iShares U.S. Technology ETF during the 3rd quarter valued at about $63,000.
iShares U.S. Technology ETF Stock Performance
Shares of IYW opened at $162.63 on Wednesday. iShares U.S. Technology ETF has a 52 week low of $124.32 and a 52 week high of $166.83. The stock has a 50 day moving average price of $161.97 and a two-hundred day moving average price of $154.52. The firm has a market capitalization of $19.98 billion, a P/E 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).
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