Global Trust Asset Management LLC Cuts Stake in iShares U.S. Technology ETF (NYSEARCA:IYW)

Global Trust Asset Management LLC cut its position in iShares U.S. Technology ETF (NYSEARCA:IYW) by 12.6% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 1,565 shares of the exchange traded fund’s stock after selling 225 shares during the period. Global Trust Asset Management LLC’s holdings in iShares U.S. Technology ETF were worth $250,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Phillips Financial Management LLC increased its position in shares of 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 valued at $27,000 after acquiring an additional 170 shares in the last quarter. Brooklyn Investment Group increased its holdings in shares of iShares U.S. Technology ETF by 84.3% in the 4th quarter. Brooklyn Investment Group now owns 199 shares of the exchange traded fund’s stock worth $32,000 after purchasing an additional 91 shares in the last quarter. Activest Wealth Management bought a new stake in shares of iShares U.S. Technology ETF in the 3rd quarter worth $52,000. Legacy Investment Solutions LLC purchased a new position in shares of iShares U.S. Technology ETF in the third quarter worth $63,000. Finally, PSI Advisors LLC lifted its holdings in shares of iShares U.S. Technology ETF by 36.2% during the fourth quarter. PSI Advisors LLC now owns 463 shares of the exchange traded fund’s stock valued at $74,000 after purchasing an additional 123 shares in the last quarter.

iShares U.S. Technology ETF Stock Performance

NYSEARCA IYW opened at $162.37 on Wednesday. iShares U.S. Technology ETF has a one year low of $124.32 and a one year high of $166.47. The stock has a 50-day moving average of $161.17 and a 200 day moving average of $153.50. The company has a market capitalization of $19.95 billion, a price-to-earnings ratio of 38.84 and a beta of 1.43.

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).