Schnieders Capital Management LLC Trims Holdings in iShares U.S. Technology ETF (NYSEARCA:IYW)

Schnieders Capital Management LLC lessened its holdings in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 2.4% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 6,230 shares of the exchange traded fund’s stock after selling 150 shares during the period. Schnieders Capital Management LLC’s holdings in iShares U.S. Technology ETF were worth $765,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of IYW. Authentikos Wealth Advisory LLC purchased a new position in shares of iShares U.S. Technology ETF during the 3rd quarter worth approximately $33,000. Sheets Smith Wealth Management purchased a new position in shares of iShares U.S. Technology ETF during the 3rd quarter worth approximately $35,000. LWM Advisory Services LLC purchased a new position in shares of iShares U.S. Technology ETF during the 3rd quarter worth approximately $40,000. Headinvest LLC purchased a new position in shares of iShares U.S. Technology ETF during the 3rd quarter worth approximately $42,000. Finally, Annis Gardner Whiting Capital Advisors LLC purchased a new stake in shares of iShares U.S. Technology ETF in the 3rd quarter worth approximately $43,000.

iShares U.S. Technology ETF Stock Performance

Shares of iShares U.S. Technology ETF stock traded up $2.28 during midday trading on Tuesday, hitting $128.52. The company had a trading volume of 1,326,859 shares, compared to its average volume of 897,457. The stock has a market capitalization of $15.68 billion, a P/E ratio of 40.59 and a beta of 1.39. The company has a 50 day moving average of $133.03 and a 200 day moving average of $123.54. iShares U.S. Technology ETF has a 52-week low of $88.64 and a 52-week high of $137.54.

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).