Cary Street Partners Investment Advisory LLC Has $3.34 Million Stock Position in iShares U.S. Technology ETF (NYSEARCA:IYW)

Cary Street Partners Investment Advisory LLC lessened its holdings in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 71.2% during the fourth quarter, Holdings Channel.com reports. The firm owned 29,077 shares of the exchange traded fund’s stock after selling 71,966 shares during the quarter. iShares U.S. Technology ETF makes up 1.0% of Cary Street Partners Investment Advisory LLC’s investment portfolio, making the stock its 27th biggest holding. Cary Street Partners Investment Advisory LLC’s holdings in iShares U.S. Technology ETF were worth $3,339,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Authentikos Wealth Advisory LLC acquired a new position in iShares U.S. Technology ETF during the 3rd quarter worth about $33,000. Sheets Smith Wealth Management acquired a new position in shares of iShares U.S. Technology ETF in the third quarter worth approximately $35,000. LWM Advisory Services LLC bought a new stake in iShares U.S. Technology ETF in the third quarter valued at approximately $40,000. Headinvest LLC acquired a new stake in iShares U.S. Technology ETF during the 3rd quarter valued at approximately $42,000. Finally, Annis Gardner Whiting Capital Advisors LLC bought a new position in iShares U.S. Technology ETF during the 3rd quarter worth approximately $43,000.

iShares U.S. Technology ETF Stock Performance

Shares of NYSEARCA IYW traded down $1.63 during midday trading on Tuesday, reaching $129.41. The stock had a trading volume of 283,874 shares, compared to its average volume of 889,054. iShares U.S. Technology ETF has a twelve month low of $90.76 and a twelve month high of $137.54. The company’s 50 day moving average price is $132.87 and its 200 day moving average price is $124.11. The firm has a market cap of $15.79 billion, a price-to-earnings ratio of 40.59 and a beta of 1.39.

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).