MA Private Wealth Has $8.72 Million Position in iShares U.S. Technology ETF $IYW

MA Private Wealth cut its position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 63.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 43,668 shares of the exchange traded fund’s stock after selling 75,921 shares during the quarter. iShares U.S. Technology ETF accounts for 1.5% of MA Private Wealth’s portfolio, making the stock its 21st biggest holding. MA Private Wealth’s holdings in iShares U.S. Technology ETF were worth $8,720,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently modified their holdings of the company. AQR Capital Management LLC increased its position in shares of iShares U.S. Technology ETF by 58.1% during the first quarter. AQR Capital Management LLC now owns 10,066 shares of the exchange traded fund’s stock valued at $1,414,000 after purchasing an additional 3,699 shares during the period. Russell Investments Group Ltd. increased its holdings in iShares U.S. Technology ETF by 9.8% in the 2nd quarter. Russell Investments Group Ltd. now owns 1,094 shares of the exchange traded fund’s stock valued at $190,000 after buying an additional 98 shares during the period. First Trust Advisors LP acquired a new position in shares of iShares U.S. Technology ETF in the 2nd quarter valued at $222,000. Main Street Financial Solutions LLC lifted its holdings in shares of iShares U.S. Technology ETF by 95.7% during the 2nd quarter. Main Street Financial Solutions LLC now owns 2,851 shares of the exchange traded fund’s stock worth $494,000 after acquiring an additional 1,394 shares during the period. Finally, Ieq Capital LLC boosted its position in shares of iShares U.S. Technology ETF by 0.8% during the 2nd quarter. Ieq Capital LLC now owns 20,844 shares of the exchange traded fund’s stock valued at $3,612,000 after acquiring an additional 166 shares in the last quarter. Institutional investors own 57.65% of the company’s stock.

iShares U.S. Technology ETF Stock Up 3.1%

NYSEARCA:IYW opened at $232.12 on Thursday. The firm has a market capitalization of $22.83 billion, a PE ratio of 34.95 and a beta of 1.33. iShares U.S. Technology ETF has a 12-month low of $144.44 and a 12-month high of $232.28. The firm has a 50-day moving average price of $196.12 and a 200 day moving average price of $198.09.

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). The Index measures the performance of the technology sector of the United States equity market, and includes companies in the industry groups, such as software and computer services and technology hardware and equipment.