Cobblestone Asset Management LLC Has $3.20 Million Stock Position in iShares U.S. Technology ETF (NYSEARCA:IYW)

Cobblestone Asset Management LLC cut its holdings in iShares U.S. Technology ETF (NYSEARCA:IYW) by 10.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 20,071 shares of the exchange traded fund’s stock after selling 2,315 shares during the period. iShares U.S. Technology ETF makes up 2.1% of Cobblestone Asset Management LLC’s investment portfolio, making the stock its 17th biggest holding. Cobblestone Asset Management LLC’s holdings in iShares U.S. Technology ETF were worth $3,202,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of IYW. International Assets Investment Management LLC grew its stake in shares of iShares U.S. Technology ETF by 29,435.7% in the third quarter. International Assets Investment Management LLC now owns 3,190,156 shares of the exchange traded fund’s stock worth $483,691,000 after acquiring an additional 3,179,355 shares during the last quarter. The Manufacturers Life Insurance Company boosted its holdings in iShares U.S. Technology ETF by 4,550.8% in the 3rd 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 during the period. Sanctuary Advisors LLC acquired a new stake in iShares U.S. Technology ETF in the 2nd quarter worth $57,410,000. HighTower Advisors LLC increased its holdings in shares of iShares U.S. Technology ETF by 55.1% during the 3rd quarter. HighTower Advisors LLC now owns 360,435 shares of the exchange traded fund’s stock worth $54,626,000 after purchasing an additional 128,052 shares during the period. Finally, LPL Financial LLC raised its position in shares of iShares U.S. Technology ETF by 3.0% during the third quarter. LPL Financial LLC now owns 4,133,439 shares of the exchange traded fund’s stock valued at $626,712,000 after buying an additional 120,614 shares during the last quarter.

iShares U.S. Technology ETF Trading Down 0.9 %

Shares of NYSEARCA IYW opened at $164.69 on Monday. The firm has a market capitalization of $20.23 billion, a price-to-earnings ratio of 38.84 and a beta of 1.43. iShares U.S. Technology ETF has a one year low of $124.32 and a one year high of $166.83. The business has a fifty day simple moving average of $161.61 and a 200 day simple moving average of $153.68.

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).