Hudson Portfolio Management LLC Sells 605 Shares of iShares U.S. Technology ETF (NYSEARCA:IYW)

Hudson Portfolio Management LLC cut its holdings in iShares U.S. Technology ETF (NYSEARCA:IYW) by 8.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,955 shares of the exchange traded fund’s stock after selling 605 shares during the quarter. Hudson Portfolio Management LLC’s holdings in iShares U.S. Technology ETF were worth $1,109,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the business. Howard Capital Management Group LLC raised its stake in iShares U.S. Technology ETF by 1.1% during the third quarter. Howard Capital Management Group LLC now owns 208,920 shares of the exchange traded fund’s stock valued at $31,677,000 after buying an additional 2,312 shares during the last quarter. Brooklyn Investment Group raised its position in shares of 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 worth $32,000 after purchasing an additional 91 shares during the last quarter. Perennial Investment Advisors LLC boosted its stake in iShares U.S. Technology ETF by 44.1% in the 4th quarter. Perennial Investment Advisors LLC now owns 111,366 shares of the exchange traded fund’s stock worth $17,775,000 after purchasing an additional 34,083 shares in the last quarter. Ridgeline Wealth LLC bought a new position in iShares U.S. Technology ETF in the 4th quarter worth about $1,684,000. Finally, Barclays PLC increased its stake in iShares U.S. Technology ETF by 192.7% during the 3rd quarter. Barclays PLC now owns 15,437 shares of the exchange traded fund’s stock valued at $2,340,000 after purchasing an additional 10,163 shares in the last quarter.

iShares U.S. Technology ETF Stock Performance

Shares of iShares U.S. Technology ETF stock opened at $135.70 on Friday. The company has a 50-day simple moving average of $148.70 and a two-hundred day simple moving average of $155.26. The stock has a market capitalization of $16.92 billion, a PE ratio of 31.74 and a beta of 1.22. iShares U.S. Technology ETF has a 52-week low of $117.55 and a 52-week high of $167.30.

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).