Gray Wealth Management Inc. Decreases Stock Holdings in iShares U.S. Technology ETF (NYSEARCA:IYW)

Gray Wealth Management Inc. decreased its holdings in iShares U.S. Technology ETF (NYSEARCA:IYW) by 14.9% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 1,701 shares of the exchange traded fund’s stock after selling 298 shares during the period. Gray Wealth Management Inc.’s holdings in iShares U.S. Technology ETF were worth $209,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. RFG Advisory LLC raised 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 worth $4,103,000 after buying an additional 3,095 shares during the last quarter. Financial Gravity Asset Management Inc. raised its position in iShares U.S. Technology ETF by 987.0% in the 3rd quarter. Financial Gravity Asset Management Inc. now owns 310,777 shares of the exchange traded fund’s stock worth $32,607,000 after buying an additional 282,186 shares during the last quarter. Occidental Asset Management LLC raised its position in iShares U.S. Technology ETF by 3.2% in the 4th quarter. Occidental Asset Management LLC now owns 5,709 shares of the exchange traded fund’s stock worth $701,000 after buying an additional 178 shares during the last quarter. West Wealth Group LLC raised its position in 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 buying an additional 13,881 shares during the last quarter. Finally, Day & Ennis LLC increased its position in shares of iShares U.S. Technology ETF by 10.7% during the 4th quarter. Day & Ennis LLC now owns 43,020 shares of the exchange traded fund’s stock valued at $5,281,000 after purchasing an additional 4,159 shares during the last quarter.

iShares U.S. Technology ETF Stock Performance

Shares of NYSEARCA IYW traded down $1.41 during midday trading on Friday, hitting $127.00. 257,189 shares of the company’s stock traded hands, compared to its average volume of 854,662. iShares U.S. Technology ETF has a 1 year low of $88.64 and a 1 year high of $137.54. The stock has a market capitalization of $15.49 billion, a price-to-earnings ratio of 40.59 and a beta of 1.39. The firm has a fifty day moving average of $133.42 and a 200 day moving average of $122.87.

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).