Elevated Capital Advisors LLC Sells 305 Shares of iShares U.S. Technology ETF (NYSEARCA:IYW)

Elevated Capital Advisors LLC trimmed its stake in iShares U.S. Technology ETF (NYSEARCA:IYW) by 12.8% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,081 shares of the exchange traded fund’s stock after selling 305 shares during the quarter. Elevated Capital Advisors LLC’s holdings in iShares U.S. Technology ETF were worth $332,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of the stock. International Assets Investment Management LLC increased its position in shares of iShares U.S. Technology ETF by 29,435.7% during the third quarter. International Assets Investment Management LLC now owns 3,190,156 shares of the exchange traded fund’s stock valued at $483,691,000 after acquiring an additional 3,179,355 shares in the last quarter. 1832 Asset Management L.P. raised its stake in shares of iShares U.S. Technology ETF by 173.9% in the second quarter. 1832 Asset Management L.P. now owns 1,022,598 shares of the exchange traded fund’s stock worth $153,901,000 after purchasing an additional 649,192 shares during the last quarter. The Manufacturers Life Insurance Company lifted its holdings in shares of iShares U.S. Technology ETF by 4,550.8% during the third quarter. The Manufacturers Life Insurance Company now owns 553,450 shares of the exchange traded fund’s stock valued at $83,914,000 after purchasing an additional 541,550 shares in the last quarter. Hsbc Holdings PLC increased its holdings in iShares U.S. Technology ETF by 1,170.2% in the 2nd quarter. Hsbc Holdings PLC now owns 572,587 shares of the exchange traded fund’s stock worth $86,174,000 after buying an additional 527,510 shares in the last quarter. Finally, Sanctuary Advisors LLC purchased a new position in iShares U.S. Technology ETF in the 2nd quarter worth about $57,410,000.

iShares U.S. Technology ETF Stock Performance

IYW opened at $156.56 on Tuesday. The company’s 50-day simple moving average is $160.96 and its two-hundred day simple moving average is $153.19. The stock has a market capitalization of $19.23 billion, a P/E ratio of 38.84 and a beta of 1.43. iShares U.S. Technology ETF has a 52-week low of $121.05 and a 52-week high of $166.47.

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).