Maltin Wealth Management Inc. Sells 203 Shares of iShares U.S. Technology ETF (NYSEARCA:IYW)

Maltin Wealth Management Inc. lowered its position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 2.0% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 10,090 shares of the exchange traded fund’s stock after selling 203 shares during the quarter. Maltin Wealth Management Inc.’s holdings in iShares U.S. Technology ETF were worth $1,610,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. 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 during the last quarter. Brooklyn Investment Group grew 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 purchasing an additional 91 shares during the period. Activest Wealth Management purchased a new stake in shares of iShares U.S. Technology ETF during the 3rd quarter valued at $52,000. Legacy Investment Solutions LLC bought a new stake in shares of iShares U.S. Technology ETF during the 3rd quarter worth $63,000. Finally, PSI Advisors LLC boosted its holdings in shares of iShares U.S. Technology ETF by 36.2% in the 4th quarter. PSI Advisors LLC now owns 463 shares of the exchange traded fund’s stock worth $74,000 after buying an additional 123 shares during the last quarter.

iShares U.S. Technology ETF Stock Performance

IYW opened at $161.29 on Monday. iShares U.S. Technology ETF has a fifty-two week low of $123.78 and a fifty-two week high of $166.47. The firm has a 50-day moving average of $161.12 and a 200 day moving average of $153.41. The firm has a market cap of $19.81 billion, a P/E ratio of 38.84 and a beta of 1.43.

iShares U.S. Technology ETF 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).