Connecticut Wealth Management LLC Decreases Holdings in iShares U.S. Technology ETF (NYSEARCA:IYW)

Connecticut Wealth Management LLC trimmed its holdings in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 1.7% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 22,128 shares of the exchange traded fund’s stock after selling 376 shares during the period. Connecticut Wealth Management LLC’s holdings in iShares U.S. Technology ETF were worth $2,716,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of IYW. International Assets Investment Management LLC lifted its holdings in iShares U.S. Technology ETF by 13,488.1% during the 4th quarter. International Assets Investment Management LLC now owns 1,145,345 shares of the exchange traded fund’s stock worth $140,591,000 after buying an additional 1,136,916 shares during the last quarter. Envestnet Portfolio Solutions Inc. purchased a new stake in iShares U.S. Technology ETF during the 3rd quarter worth about $90,722,000. The Manufacturers Life Insurance Company lifted its holdings in iShares U.S. Technology ETF by 3,606.9% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 622,757 shares of the exchange traded fund’s stock worth $65,337,000 after buying an additional 605,957 shares during the last quarter. Hsbc Holdings PLC lifted its holdings in iShares U.S. Technology ETF by 1,449.5% during the 3rd quarter. Hsbc Holdings PLC now owns 475,831 shares of the exchange traded fund’s stock worth $49,924,000 after buying an additional 445,122 shares during the last quarter. Finally, CWM LLC lifted its holdings in iShares U.S. Technology ETF by 50.1% during the 4th quarter. CWM LLC now owns 1,078,737 shares of the exchange traded fund’s stock worth $132,415,000 after buying an additional 360,020 shares during the last quarter.

iShares U.S. Technology ETF Stock Performance

NYSEARCA IYW traded up $3.16 during trading on Friday, reaching $132.17. 1,312,736 shares of the company’s stock were exchanged, compared to its average volume of 897,433. iShares U.S. Technology ETF has a 1 year low of $90.76 and a 1 year high of $137.54. The stock has a market cap of $16.24 billion, a P/E ratio of 38.84 and a beta of 1.43. The company has a 50 day moving average price of $132.72 and a two-hundred day moving average price of $124.47.

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).