PNC Financial Services Group Inc. Sells 12,635 Shares of iShares U.S. Technology ETF (NYSEARCA:IYW)

PNC Financial Services Group Inc. reduced its position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 3.1% during the third quarter, Holdings Channel reports. The firm owned 394,553 shares of the exchange traded fund’s stock after selling 12,635 shares during the period. PNC Financial Services Group Inc.’s holdings in iShares U.S. Technology ETF were worth $59,822,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the business. BOKF NA boosted its holdings in shares of iShares U.S. Technology ETF by 20.1% in the first quarter. BOKF NA now owns 903 shares of the exchange traded fund’s stock worth $122,000 after acquiring an additional 151 shares during the period. Ascent Group LLC raised its position in iShares U.S. Technology ETF by 22.7% in the 2nd quarter. Ascent Group LLC now owns 43,612 shares of the exchange traded fund’s stock worth $6,564,000 after purchasing an additional 8,077 shares during the period. Bay Colony Advisory Group Inc d b a Bay Colony Advisors bought a new stake in shares of iShares U.S. Technology ETF in the 2nd quarter valued at about $232,000. Cetera Investment Advisers raised its holdings in iShares U.S. Technology ETF by 0.9% during the 2nd quarter. Cetera Investment Advisers now owns 750,041 shares of the exchange traded fund’s stock valued at $112,881,000 after buying an additional 7,039 shares during the last quarter. Finally, Valeo Financial Advisors LLC grew its position in shares of iShares U.S. Technology ETF by 9.9% in the 3rd quarter. Valeo Financial Advisors LLC now owns 3,861 shares of the exchange traded fund’s stock worth $585,000 after buying an additional 348 shares during the last quarter.

iShares U.S. Technology ETF Trading Down 0.1 %

IYW opened at $157.91 on Thursday. iShares U.S. Technology ETF has a 12-month low of $114.84 and a 12-month high of $161.49. The company has a market cap of $19.40 billion, a price-to-earnings ratio of 38.84 and a beta of 1.43. The stock has a fifty day simple moving average of $153.56 and a two-hundred day simple moving average of $148.11.

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).