PFG Investments LLC Sells 18,180 Shares of iShares U.S. Technology ETF $IYW

PFG Investments LLC lowered its holdings in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 54.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 15,272 shares of the exchange traded fund’s stock after selling 18,180 shares during the quarter. PFG Investments LLC’s holdings in iShares U.S. Technology ETF were worth $3,049,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the business. Triumph Capital Management bought a new position in iShares U.S. Technology ETF in the third quarter valued at approximately $28,000. Bangor Savings Bank bought a new position in shares of iShares U.S. Technology ETF in the third quarter valued at $31,000. Hantz Financial Services Inc. acquired a new position in iShares U.S. Technology ETF during the third quarter worth $31,000. Abound Wealth Management bought a new stake in iShares U.S. Technology ETF during the third quarter worth $34,000. Finally, Collier Financial acquired a new stake in iShares U.S. Technology ETF in the third quarter valued at $37,000. Institutional investors own 57.65% of the company’s stock.

iShares U.S. Technology ETF Price Performance

iShares U.S. Technology ETF stock opened at $205.23 on Thursday. The company’s 50-day moving average is $189.96 and its 200-day moving average is $196.39. The firm has a market capitalization of $19.89 billion, a PE ratio of 34.95 and a beta of 1.27. iShares U.S. Technology ETF has a fifty-two week low of $126.02 and a fifty-two week high of $211.98.

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). The Index measures the performance of the technology sector of the United States equity market, and includes companies in the industry groups, such as software and computer services and technology hardware and equipment.