Principle Wealth Partners LLC Sells 730 Shares of iShares U.S. Technology ETF (NYSEARCA:IYW)

Principle Wealth Partners LLC trimmed its stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 5.8% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 11,862 shares of the exchange traded fund’s stock after selling 730 shares during the quarter. Principle Wealth Partners LLC’s holdings in iShares U.S. Technology ETF were worth $1,892,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in IYW. Magnus Financial Group LLC lifted its holdings in shares of iShares U.S. Technology ETF by 0.6% in the third quarter. Magnus Financial Group LLC now owns 11,845 shares of the exchange traded fund’s stock worth $1,796,000 after buying an additional 67 shares in the last quarter. Marino Stram & Associates LLC lifted its stake in iShares U.S. Technology ETF by 3.7% in the 3rd quarter. Marino Stram & Associates LLC now owns 1,902 shares of the exchange traded fund’s stock worth $288,000 after purchasing an additional 67 shares in the last quarter. Investment Advisory Group LLC lifted its stake in iShares U.S. Technology ETF by 1.0% in the 3rd quarter. Investment Advisory Group LLC now owns 7,583 shares of the exchange traded fund’s stock worth $1,150,000 after purchasing an additional 73 shares in the last quarter. Great Valley Advisor Group Inc. boosted its holdings in iShares U.S. Technology ETF by 1.9% in the 3rd quarter. Great Valley Advisor Group Inc. now owns 3,963 shares of the exchange traded fund’s stock valued at $600,000 after purchasing an additional 73 shares during the period. Finally, XML Financial LLC grew its position in shares of iShares U.S. Technology ETF by 1.7% during the 4th quarter. XML Financial LLC now owns 4,396 shares of the exchange traded fund’s stock valued at $701,000 after purchasing an additional 73 shares in the last quarter.

iShares U.S. Technology ETF Stock Performance

Shares of IYW stock opened at $162.66 on Tuesday. The company has a market capitalization of $19.98 billion, a PE ratio of 38.84 and a beta of 1.43. iShares U.S. Technology ETF has a 52-week low of $124.32 and a 52-week high of $166.83. The business’s fifty day moving average is $161.96 and its 200 day moving average is $154.40.

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).