True Vision MN LLC Cuts Stock Position in iShares U.S. Technology ETF (NYSEARCA:IYW)

True Vision MN LLC decreased its holdings in iShares U.S. Technology ETF (NYSEARCA:IYW) by 2.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 19,403 shares of the exchange traded fund’s stock after selling 456 shares during the quarter. iShares U.S. Technology ETF accounts for about 1.8% of True Vision MN LLC’s holdings, making the stock its 13th biggest holding. True Vision MN LLC’s holdings in iShares U.S. Technology ETF were worth $3,095,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in IYW. Phillips Financial Management LLC boosted its position 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 period. Brooklyn Investment Group grew its stake in iShares U.S. Technology ETF by 84.3% during 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 purchased a new stake in iShares U.S. Technology ETF during the 3rd quarter worth about $52,000. China Universal Asset Management Co. Ltd. raised its position in iShares U.S. Technology ETF by 37,900.0% in the 4th 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 in the last quarter. Finally, Legacy Investment Solutions LLC purchased a new position in shares of iShares U.S. Technology ETF in the 3rd quarter valued at about $63,000.

iShares U.S. Technology ETF Stock Performance

IYW stock opened at $162.66 on Tuesday. The company’s 50 day moving average price is $161.96 and its 200 day moving average price is $154.40. The firm has a market capitalization of $19.98 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.

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).