AE Wealth Management LLC Sells 3,536 Shares of iShares U.S. Technology ETF $IYW

AE Wealth Management LLC cut its position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 7.3% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 44,800 shares of the exchange traded fund’s stock after selling 3,536 shares during the period. AE Wealth Management LLC’s holdings in iShares U.S. Technology ETF were worth $8,946,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Triumph Capital Management purchased a new position in shares of iShares U.S. Technology ETF in the 3rd quarter valued at $28,000. Bangor Savings Bank purchased a new position in shares of iShares U.S. Technology ETF in the 3rd quarter valued at $31,000. Hantz Financial Services Inc. purchased a new position in shares of iShares U.S. Technology ETF in the 3rd quarter valued at $31,000. Abound Wealth Management purchased a new position in shares of iShares U.S. Technology ETF in the 3rd quarter valued at $34,000. Finally, Collier Financial purchased a new position in shares of iShares U.S. Technology ETF in the 3rd quarter valued at $37,000. 57.65% of the stock is owned by institutional investors.

iShares U.S. Technology ETF Trading Up 1.7%

Shares of NYSEARCA:IYW opened at $210.07 on Friday. iShares U.S. Technology ETF has a 12-month low of $126.02 and a 12-month high of $211.98. The business’s fifty day simple moving average is $190.69 and its 200-day simple moving average is $196.58. The company has a market capitalization of $20.40 billion, a PE ratio of 34.95 and a beta of 1.27.

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). The Index measures the performance of the technology sector of the United States equity market, and includes companies in the industry groups, such as software and computer services and technology hardware and equipment.