iShares U.S. Technology ETF $IYW Shares Sold by Rothschild Wealth LLC

Rothschild Wealth LLC cut its stake in iShares U.S. Technology ETF (NYSEARCA:IYW) by 90.4% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 2,300 shares of the exchange traded fund’s stock after selling 21,749 shares during the period. Rothschild Wealth LLC’s holdings in iShares U.S. Technology ETF were worth $459,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of IYW. Triumph Capital Management acquired a new stake in shares of iShares U.S. Technology ETF in the third quarter worth approximately $28,000. Hantz Financial Services Inc. purchased a new position in iShares U.S. Technology ETF in the third quarter valued at approximately $31,000. Kingdom Financial Group LLC. purchased a new position in iShares U.S. Technology ETF in the fourth quarter valued at approximately $32,000. Collier Financial purchased a new position in iShares U.S. Technology ETF in the third quarter valued at approximately $37,000. Finally, Beacon Financial Strategies CORP purchased a new position in iShares U.S. Technology ETF in the fourth quarter valued at approximately $41,000. 57.65% of the stock is owned by institutional investors and hedge funds.

iShares U.S. Technology ETF Stock Performance

NYSEARCA IYW opened at $257.97 on Tuesday. iShares U.S. Technology ETF has a one year low of $157.63 and a one year high of $259.00. The company’s 50 day moving average price is $214.63 and its 200 day moving average price is $202.97. The firm has a market capitalization of $25.37 billion, a price-to-earnings ratio of 34.95 and a beta of 1.33.

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). 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.