iShares U.S. Technology ETF (NYSEARCA:IYW) Holdings Cut by Meritage Portfolio Management

Meritage Portfolio Management decreased its holdings in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 18.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 4,362 shares of the exchange traded fund’s stock after selling 1,018 shares during the quarter. Meritage Portfolio Management’s holdings in iShares U.S. Technology ETF were worth $535,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the business. Nicolet Advisory Services LLC grew its stake in iShares U.S. Technology ETF by 3.2% in the 3rd quarter. Nicolet Advisory Services LLC now owns 2,919 shares of the exchange traded fund’s stock valued at $308,000 after buying an additional 91 shares during the last quarter. Northwest Capital Management Inc grew its stake in iShares U.S. Technology ETF by 2.7% in the 4th quarter. Northwest Capital Management Inc now owns 3,792 shares of the exchange traded fund’s stock valued at $465,000 after buying an additional 99 shares during the last quarter. Patriot Financial Group Insurance Agency LLC grew its stake in iShares U.S. Technology ETF by 1.0% in the 3rd quarter. Patriot Financial Group Insurance Agency LLC now owns 11,620 shares of the exchange traded fund’s stock valued at $1,219,000 after buying an additional 115 shares during the last quarter. Eudaimonia Partners LLC grew its stake in iShares U.S. Technology ETF by 1.4% in the 3rd quarter. Eudaimonia Partners LLC now owns 9,081 shares of the exchange traded fund’s stock valued at $953,000 after buying an additional 126 shares during the last quarter. Finally, Kanawha Capital Management LLC grew its stake in iShares U.S. Technology ETF by 4.8% in the 3rd quarter. Kanawha Capital Management LLC now owns 3,512 shares of the exchange traded fund’s stock valued at $369,000 after buying an additional 161 shares during the last quarter.

iShares U.S. Technology ETF Stock Up 2.3 %

NYSEARCA IYW traded up $2.97 during midday trading on Friday, hitting $131.17. The company had a trading volume of 642,435 shares, compared to its average volume of 899,417. The stock has a market cap of $16.00 billion, a price-to-earnings ratio of 40.59 and a beta of 1.39. The firm has a fifty day simple moving average of $132.96 and a two-hundred day simple moving average of $123.57. iShares U.S. Technology ETF has a fifty-two week low of $90.75 and a fifty-two week high of $137.54.

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).