Capital Investment Advisors LLC Sells 2,352 Shares of iShares U.S. Technology ETF (NYSEARCA:IYW)

Capital Investment Advisors LLC lessened its holdings in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 1.9% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 119,049 shares of the exchange traded fund’s stock after selling 2,352 shares during the period. Capital Investment Advisors LLC owned about 0.10% of iShares U.S. Technology ETF worth $18,050,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Fisher Asset Management LLC acquired a new position in iShares U.S. Technology ETF in the fourth quarter valued at about $215,000. &PARTNERS acquired a new position in shares of iShares U.S. Technology ETF in the 1st quarter valued at approximately $1,170,000. International Assets Investment Management LLC lifted its holdings in shares of iShares U.S. Technology ETF by 6.6% during the 1st quarter. International Assets Investment Management LLC now owns 9,945 shares of the exchange traded fund’s stock worth $1,348,000 after acquiring an additional 614 shares during the period. Lane & Associates LLC lifted its holdings in shares of iShares U.S. Technology ETF by 1.9% during the 1st quarter. Lane & Associates LLC now owns 6,891 shares of the exchange traded fund’s stock worth $931,000 after acquiring an additional 131 shares during the period. Finally, AdvisorNet Financial Inc boosted its position in shares of iShares U.S. Technology ETF by 264.6% during the 1st quarter. AdvisorNet Financial Inc now owns 88,463 shares of the exchange traded fund’s stock worth $11,948,000 after acquiring an additional 64,198 shares in the last quarter.

iShares U.S. Technology ETF Price Performance

Shares of NYSEARCA:IYW opened at $155.20 on Friday. The company’s 50 day simple moving average is $148.35 and its 200 day simple moving average is $143.90. iShares U.S. Technology ETF has a 1 year low of $100.84 and a 1 year high of $158.97. The stock has a market capitalization of $19.07 billion, a price-to-earnings ratio of 38.84 and a beta of 1.43.

About iShares U.S. Technology ETF

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).