Gilliland Jeter Wealth Management LLC Cuts Position in iShares U.S. Technology ETF (NYSEARCA:IYW)

Gilliland Jeter Wealth Management LLC decreased its position in iShares U.S. Technology ETF (NYSEARCA:IYW) by 1.1% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 24,086 shares of the exchange traded fund’s stock after selling 266 shares during the period. iShares U.S. Technology ETF comprises approximately 1.3% of Gilliland Jeter Wealth Management LLC’s portfolio, making the stock its 14th biggest holding. Gilliland Jeter Wealth Management LLC’s holdings in iShares U.S. Technology ETF were worth $3,842,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Phillips Financial Management LLC grew its holdings in iShares U.S. Technology ETF by 1,545.5% in the third quarter. Phillips Financial Management LLC now owns 181 shares of the exchange traded fund’s stock valued at $27,000 after purchasing an additional 170 shares during the last quarter. Brooklyn Investment Group grew its holdings in iShares U.S. Technology ETF by 84.3% in the fourth 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 last quarter. Activest Wealth Management acquired a new stake in iShares U.S. Technology ETF in the third quarter valued at $52,000. China Universal Asset Management Co. Ltd. grew its holdings in iShares U.S. Technology ETF by 37,900.0% in the fourth quarter. China Universal Asset Management Co. Ltd. now owns 380 shares of the exchange traded fund’s stock valued at $61,000 after purchasing an additional 379 shares during the last quarter. Finally, Legacy Investment Solutions LLC acquired a new stake in iShares U.S. Technology ETF in the third quarter valued at $63,000.

iShares U.S. Technology ETF Stock Performance

iShares U.S. Technology ETF stock opened at $161.94 on Friday. The firm has a market capitalization of $19.89 billion, a price-to-earnings ratio of 38.84 and a beta of 1.43. iShares U.S. Technology ETF has a fifty-two week low of $124.32 and a fifty-two week high of $166.83. The stock’s fifty day moving average is $161.91 and its two-hundred day moving average is $154.10.

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).