J.W. Cole Advisors Inc. Trims Holdings in iShares U.S. Technology ETF (NYSEARCA:IYW)

J.W. Cole Advisors Inc. lowered its holdings in iShares U.S. Technology ETF (NYSEARCA:IYW) by 42.6% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 111,842 shares of the exchange traded fund’s stock after selling 83,138 shares during the period. iShares U.S. Technology ETF makes up 0.7% of J.W. Cole Advisors Inc.’s holdings, making the stock its 20th biggest holding. J.W. Cole Advisors Inc.’s holdings in iShares U.S. Technology ETF were worth $17,841,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the business. Marino Stram & Associates LLC raised its position 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 valued at $288,000 after purchasing an additional 67 shares during the last quarter. Great Valley Advisor Group Inc. raised its position in iShares U.S. Technology ETF by 1.9% during the 3rd quarter. Great Valley Advisor Group Inc. now owns 3,963 shares of the exchange traded fund’s stock worth $600,000 after buying an additional 73 shares during the last quarter. XML Financial LLC raised its position in 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 worth $701,000 after buying an additional 73 shares during the last quarter. Saxony Capital Management LLC raised its position in iShares U.S. Technology ETF by 5.4% during the 3rd quarter. Saxony Capital Management LLC now owns 1,473 shares of the exchange traded fund’s stock worth $223,000 after buying an additional 76 shares during the last quarter. Finally, Planning Directions Inc. raised its position in iShares U.S. Technology ETF by 4.3% during the 3rd quarter. Planning Directions Inc. now owns 1,945 shares of the exchange traded fund’s stock worth $295,000 after buying an additional 81 shares during the last quarter.

iShares U.S. Technology ETF Stock Performance

Shares of iShares U.S. Technology ETF stock opened at $165.87 on Friday. The company has a market cap of $20.38 billion, a P/E ratio of 38.84 and a beta of 1.43. iShares U.S. Technology ETF has a one year low of $124.32 and a one year high of $166.83. The firm has a fifty day moving average of $161.93 and a two-hundred day moving average of $154.90.

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).