Lantz Financial LLC Has $2.16 Million Stock Holdings in iShares U.S. Technology ETF (NYSEARCA:IYW)

Lantz Financial LLC lowered its stake in iShares U.S. Technology ETF (NYSEARCA:IYW) by 4.1% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 13,553 shares of the exchange traded fund’s stock after selling 582 shares during the period. Lantz Financial LLC’s holdings in iShares U.S. Technology ETF were worth $2,162,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Phillips Financial Management LLC boosted its holdings in shares of iShares U.S. Technology ETF by 1,545.5% during the 3rd quarter. Phillips Financial Management LLC now owns 181 shares of the exchange traded fund’s stock valued at $27,000 after acquiring an additional 170 shares in the last quarter. Brooklyn Investment Group raised its position in iShares U.S. Technology ETF by 84.3% in the fourth quarter. Brooklyn Investment Group now owns 199 shares of the exchange traded fund’s stock valued at $32,000 after purchasing an additional 91 shares during the last quarter. Activest Wealth Management acquired a new stake in shares of iShares U.S. Technology ETF during the third quarter valued at about $52,000. Legacy Investment Solutions LLC bought a new stake in shares of iShares U.S. Technology ETF during the third quarter worth about $63,000. Finally, PSI Advisors LLC increased its stake in shares of iShares U.S. Technology ETF by 36.2% in the fourth quarter. PSI Advisors LLC now owns 463 shares of the exchange traded fund’s stock valued at $74,000 after buying an additional 123 shares during the period.

iShares U.S. Technology ETF Price Performance

Shares of NYSEARCA IYW opened at $164.69 on Friday. The company has a 50 day simple moving average of $161.61 and a 200 day simple moving average of $153.73. iShares U.S. Technology ETF has a 1 year low of $124.32 and a 1 year high of $166.83. The firm has a market cap of $20.23 billion, a PE 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).