Schnieders Capital Management LLC Decreases Stake in iShares U.S. Technology ETF (NYSEARCA:IYW)

Schnieders Capital Management LLC decreased its position in iShares U.S. Technology ETF (NYSEARCA:IYW) by 28.7% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 4,470 shares of the exchange traded fund’s stock after selling 1,800 shares during the period. Schnieders Capital Management LLC’s holdings in iShares U.S. Technology ETF were worth $713,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Phillips Financial Management LLC increased its stake in iShares U.S. Technology ETF by 1,545.5% in the 3rd quarter. Phillips Financial Management LLC now owns 181 shares of the exchange traded fund’s stock valued at $27,000 after buying an additional 170 shares during the last quarter. Brooklyn Investment Group increased its stake in 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 valued at $32,000 after buying an additional 91 shares during the last quarter. Avion Wealth purchased a new stake in iShares U.S. Technology ETF in the 4th quarter valued at about $47,000. Activest Wealth Management purchased a new stake in iShares U.S. Technology ETF in the 3rd quarter valued at about $52,000. Finally, Kestra Investment Management LLC purchased a new stake in iShares U.S. Technology ETF in the 4th quarter valued at about $53,000.

iShares U.S. Technology ETF Stock Up 0.9 %

iShares U.S. Technology ETF stock opened at $157.93 on Thursday. iShares U.S. Technology ETF has a twelve month low of $124.32 and a twelve month high of $167.30. The firm has a 50 day moving average price of $161.71 and a 200-day moving average price of $156.27. The company has a market capitalization of $19.84 billion, a P/E ratio of 35.73 and a beta of 1.14.

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).