First National Trust Co Sells 1,930 Shares of iShares U.S. Technology ETF (NYSEARCA:IYW)

First National Trust Co cut its holdings in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 18.7% during the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 8,399 shares of the exchange traded fund’s stock after selling 1,930 shares during the period. First National Trust Co’s holdings in iShares U.S. Technology ETF were worth $1,180,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. O Shaughnessy Asset Management LLC increased its position in shares of iShares U.S. Technology ETF by 642.5% during the fourth quarter. O Shaughnessy Asset Management LLC now owns 14,999 shares of the exchange traded fund’s stock worth $2,393,000 after purchasing an additional 12,979 shares in the last quarter. Summit Financial LLC purchased a new stake in iShares U.S. Technology ETF in the fourth quarter valued at $252,000. Franklin Resources Inc. increased its holdings in iShares U.S. Technology ETF by 2.9% in the fourth quarter. Franklin Resources Inc. now owns 7,940 shares of the exchange traded fund’s stock valued at $1,267,000 after buying an additional 225 shares in the last quarter. National Bank of Canada FI raised its position in shares of iShares U.S. Technology ETF by 0.8% during the 4th quarter. National Bank of Canada FI now owns 72,451 shares of the exchange traded fund’s stock worth $11,557,000 after purchasing an additional 545 shares during the last quarter. Finally, Headlands Technologies LLC acquired a new position in shares of iShares U.S. Technology ETF during the 4th quarter worth about $40,000. 57.65% of the stock is currently owned by institutional investors.

iShares U.S. Technology ETF Trading Up 0.2%

Shares of NYSEARCA IYW opened at $181.44 on Thursday. iShares U.S. Technology ETF has a 12-month low of $117.55 and a 12-month high of $183.17. The stock has a market cap of $22.80 billion, a PE ratio of 34.95 and a beta of 1.15. The company has a 50-day moving average of $169.50 and a 200 day moving average of $156.65.

iShares U.S. Technology ETF 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).