Quartz Partners LLC Trims Stock Position in iShares U.S. Technology ETF (NYSEARCA:IYW)

Quartz Partners LLC trimmed its stake in iShares U.S. Technology ETF (NYSEARCA:IYW) by 27.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,701 shares of the exchange traded fund’s stock after selling 1,390 shares during the period. Quartz Partners LLC’s holdings in iShares U.S. Technology ETF were worth $590,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. IFP Advisors Inc boosted its stake in iShares U.S. Technology ETF by 154.9% in the fourth quarter. IFP Advisors Inc now owns 33,691 shares of the exchange traded fund’s stock valued at $5,375,000 after acquiring an additional 20,476 shares in the last quarter. Midwest Capital Advisors LLC purchased a new position in iShares U.S. Technology ETF during the 4th quarter worth $5,807,000. Union Bancaire Privee UBP SA acquired a new position in iShares U.S. Technology ETF in the fourth quarter valued at $123,000. World Equity Group Inc. raised its holdings in shares of iShares U.S. Technology ETF by 30.0% in the fourth quarter. World Equity Group Inc. now owns 8,844 shares of the exchange traded fund’s stock valued at $1,411,000 after buying an additional 2,040 shares during the last quarter. Finally, WESPAC Advisors LLC boosted its stake in shares of iShares U.S. Technology ETF by 93.8% during the fourth quarter. WESPAC Advisors LLC now owns 11,769 shares of the exchange traded fund’s stock worth $1,877,000 after buying an additional 5,696 shares during the period.

iShares U.S. Technology ETF Stock Down 2.6 %

NYSEARCA IYW opened at $161.55 on Monday. The firm has a market cap of $19.85 billion, a P/E ratio of 38.84 and a beta of 1.43. iShares U.S. Technology ETF has a 52-week low of $124.32 and a 52-week high of $167.30. The business’s 50-day moving average price is $162.06 and its 200 day moving average price is $155.98.

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).