Northwest Capital Management Inc Reduces Holdings in iShares U.S. Technology ETF (NYSEARCA:IYW)

Northwest Capital Management Inc reduced its stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 1.7% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 15,892 shares of the exchange traded fund’s stock after selling 283 shares during the period. iShares U.S. Technology ETF accounts for about 0.9% of Northwest Capital Management Inc’s holdings, making the stock its 27th biggest position. Northwest Capital Management Inc’s holdings in iShares U.S. Technology ETF were worth $2,410,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. MGO One Seven LLC lifted its holdings in iShares U.S. Technology ETF by 7.0% in the 4th quarter. MGO One Seven LLC now owns 24,616 shares of the exchange traded fund’s stock valued at $3,022,000 after purchasing an additional 1,609 shares in the last quarter. Kestra Advisory Services LLC boosted its position in iShares U.S. Technology ETF by 247.2% during the fourth quarter. Kestra Advisory Services LLC now owns 274,608 shares of the exchange traded fund’s stock worth $33,708,000 after acquiring an additional 195,522 shares during the last quarter. FIL Ltd grew its stake in iShares U.S. Technology ETF by 33.2% in the 4th quarter. FIL Ltd now owns 1,456,287 shares of the exchange traded fund’s stock worth $178,759,000 after acquiring an additional 363,201 shares during the period. Novak & Powell Financial Services Inc. acquired a new position in iShares U.S. Technology ETF in the 4th quarter valued at $216,000. Finally, Raleigh Capital Management Inc. raised its holdings in iShares U.S. Technology ETF by 18.6% in the 4th quarter. Raleigh Capital Management Inc. now owns 7,197 shares of the exchange traded fund’s stock valued at $883,000 after acquiring an additional 1,127 shares during the last quarter.

iShares U.S. Technology ETF Stock Up 1.8 %

Shares of iShares U.S. Technology ETF stock opened at $153.14 on Wednesday. The firm has a market cap of $18.81 billion, a PE ratio of 38.84 and a beta of 1.43. iShares U.S. Technology ETF has a fifty-two week low of $100.84 and a fifty-two week high of $158.97. The business’s fifty day moving average is $145.64 and its two-hundred day moving average is $142.92.

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).