Concurrent Investment Advisors LLC Sells 5,018 Shares of iShares U.S. Technology ETF (NYSEARCA:IYW)

Concurrent Investment Advisors LLC lowered its stake in iShares U.S. Technology ETF (NYSEARCA:IYW) by 8.6% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 53,538 shares of the exchange traded fund’s stock after selling 5,018 shares during the period. Concurrent Investment Advisors LLC’s holdings in iShares U.S. Technology ETF were worth $8,540,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently modified their holdings of the stock. Great Valley Advisor Group Inc. increased its position in shares of iShares U.S. Technology ETF by 1.9% in the third quarter. Great Valley Advisor Group Inc. now owns 3,963 shares of the exchange traded fund’s stock worth $600,000 after purchasing an additional 73 shares during the period. XML Financial LLC increased its position in shares of iShares U.S. Technology ETF by 1.7% in the fourth quarter. XML Financial LLC now owns 4,396 shares of the exchange traded fund’s stock worth $701,000 after purchasing an additional 73 shares during the period. Saxony Capital Management LLC increased its position in shares of iShares U.S. Technology ETF by 5.4% in the third quarter. Saxony Capital Management LLC now owns 1,473 shares of the exchange traded fund’s stock worth $223,000 after purchasing an additional 76 shares during the period. Planning Directions Inc. increased its position in shares of iShares U.S. Technology ETF by 4.3% in the third quarter. Planning Directions Inc. now owns 1,945 shares of the exchange traded fund’s stock worth $295,000 after purchasing an additional 81 shares during the period. Finally, Nicolet Advisory Services LLC increased its position in shares of iShares U.S. Technology ETF by 2.9% in the third quarter. Nicolet Advisory Services LLC now owns 2,909 shares of the exchange traded fund’s stock worth $436,000 after purchasing an additional 81 shares during the period.

iShares U.S. Technology ETF Stock Performance

Shares of NYSEARCA IYW opened at $166.66 on Thursday. iShares U.S. Technology ETF has a 52 week low of $124.32 and a 52 week high of $167.30. The stock has a market capitalization of $20.47 billion, a P/E ratio of 38.84 and a beta of 1.43. The stock’s fifty day moving average is $162.08 and its 200 day moving average is $155.41.

iShares U.S. Technology ETF Company 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).