47,962 iShares U.S. Technology ETF $IYW Shares Sold by Greenleaf Trust

Greenleaf Trust lowered its position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 89.4% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 5,657 shares of the exchange traded fund’s stock after selling 47,962 shares during the period. Greenleaf Trust’s holdings in iShares U.S. Technology ETF were worth $1,499,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. MeadowBrook Investment Advisors LLC purchased a new position in iShares U.S. Technology ETF during the 3rd quarter valued at about $116,000. Mirae Asset Global Investments Co. Ltd. bought a new stake in shares of iShares U.S. Technology ETF in the 3rd quarter valued at about $1,245,000. Aviance Capital Partners LLC bought a new stake in shares of iShares U.S. Technology ETF in the 3rd quarter valued at about $2,302,000. Vise Technologies Inc. lifted its position in shares of iShares U.S. Technology ETF by 50.7% in the 3rd quarter. Vise Technologies Inc. now owns 34,484 shares of the exchange traded fund’s stock worth $9,135,000 after purchasing an additional 11,599 shares during the period. Finally, Blue Fin Capital Inc. purchased a new stake in shares of iShares U.S. Technology ETF in the 3rd quarter worth approximately $669,000. Hedge funds and other institutional investors own 57.65% of the company’s stock.

iShares U.S. Technology ETF Stock Performance

NYSEARCA IYW opened at $239.35 on Wednesday. The firm’s 50 day moving average price is $256.73 and its 200-day moving average price is $229.74. iShares U.S. Technology ETF has a 52-week low of $172.54 and a 52-week high of $274.44. The company has a market cap of $23.46 billion, a PE ratio of 34.95 and a beta of 1.37.

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). 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.