Aviance Capital Partners LLC Sells 138 Shares of iShares U.S. Technology ETF (NYSEARCA:IYW)

Aviance Capital Partners LLC lessened its stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 1.3% during the fourth quarter, Holdings Channel.com reports. The firm owned 10,624 shares of the exchange traded fund’s stock after selling 138 shares during the period. Aviance Capital Partners LLC’s holdings in iShares U.S. Technology ETF were worth $1,304,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in IYW. RFG Advisory LLC grew its position in iShares U.S. Technology ETF by 10.2% in the 4th quarter. RFG Advisory LLC now owns 33,429 shares of the exchange traded fund’s stock valued at $4,103,000 after purchasing an additional 3,095 shares during the period. Financial Gravity Asset Management Inc. grew its holdings in shares of iShares U.S. Technology ETF by 987.0% during the third quarter. Financial Gravity Asset Management Inc. now owns 310,777 shares of the exchange traded fund’s stock valued at $32,607,000 after buying an additional 282,186 shares during the last quarter. Occidental Asset Management LLC increased its position in shares of iShares U.S. Technology ETF by 3.2% during the fourth quarter. Occidental Asset Management LLC now owns 5,709 shares of the exchange traded fund’s stock worth $701,000 after acquiring an additional 178 shares in the last quarter. West Wealth Group LLC raised its holdings in shares of iShares U.S. Technology ETF by 27.5% in the 4th quarter. West Wealth Group LLC now owns 64,329 shares of the exchange traded fund’s stock worth $7,896,000 after acquiring an additional 13,881 shares during the last quarter. Finally, Day & Ennis LLC lifted its position in iShares U.S. Technology ETF by 10.7% in the 4th quarter. Day & Ennis LLC now owns 43,020 shares of the exchange traded fund’s stock valued at $5,281,000 after acquiring an additional 4,159 shares in the last quarter.

iShares U.S. Technology ETF Stock Performance

IYW traded up $2.06 during midday trading on Monday, reaching $134.23. 914,874 shares of the company were exchanged, compared to its average volume of 897,636. The company has a market cap of $16.49 billion, a price-to-earnings ratio of 38.84 and a beta of 1.43. iShares U.S. Technology ETF has a one year low of $92.64 and a one year high of $137.54. The company’s fifty day moving average price is $132.76 and its 200 day moving average price is $124.89.

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).