iShares U.S. Technology ETF $IYW Shares Sold by Central Pacific Bank Trust Division

Central Pacific Bank Trust Division decreased its position in iShares U.S. Technology ETF (NYSEARCA:IYW) by 10.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 42,244 shares of the exchange traded fund’s stock after selling 4,863 shares during the period. iShares U.S. Technology ETF comprises 1.0% of Central Pacific Bank Trust Division’s portfolio, making the stock its 14th largest holding. Central Pacific Bank Trust Division’s holdings in iShares U.S. Technology ETF were worth $8,435,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in IYW. Laurel Wealth Advisors LLC lifted its position in iShares U.S. Technology ETF by 18,553.4% in the second quarter. Laurel Wealth Advisors LLC now owns 3,690,017 shares of the exchange traded fund’s stock valued at $639,369,000 after purchasing an additional 3,670,235 shares during the period. UBS Group AG increased its position in iShares U.S. Technology ETF by 4.0% during the 3rd quarter. UBS Group AG now owns 1,882,618 shares of the exchange traded fund’s stock worth $368,730,000 after purchasing an additional 72,485 shares during the period. Raymond James Financial Inc. raised its stake in shares of iShares U.S. Technology ETF by 6.5% during the 2nd quarter. Raymond James Financial Inc. now owns 1,598,623 shares of the exchange traded fund’s stock worth $276,993,000 after buying an additional 97,389 shares in the last quarter. Hsbc Holdings PLC raised its stake in shares of iShares U.S. Technology ETF by 52.6% during the 2nd quarter. Hsbc Holdings PLC now owns 1,164,822 shares of the exchange traded fund’s stock worth $201,829,000 after buying an additional 401,472 shares in the last quarter. Finally, Ameriprise Financial Inc. lifted its holdings in shares of iShares U.S. Technology ETF by 2.4% in the 2nd quarter. Ameriprise Financial Inc. now owns 1,156,536 shares of the exchange traded fund’s stock valued at $200,481,000 after buying an additional 27,056 shares during the period. 57.65% of the stock is currently owned by institutional investors and hedge funds.

iShares U.S. Technology ETF Price Performance

iShares U.S. Technology ETF stock opened at $184.48 on Friday. iShares U.S. Technology ETF has a 1-year low of $117.55 and a 1-year high of $211.98. The company has a market cap of $19.31 billion, a PE ratio of 34.95 and a beta of 1.23. The stock’s 50 day moving average price is $194.05 and its 200 day moving average price is $196.46.

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.