Captrust Financial Advisors Sells 17,709 Shares of iShares U.S. Technology ETF (NYSEARCA:IYW)

Captrust Financial Advisors trimmed its holdings in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 4.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 345,087 shares of the exchange traded fund’s stock after selling 17,709 shares during the quarter. Captrust Financial Advisors’ holdings in iShares U.S. Technology ETF were worth $55,048,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Brooklyn Investment Group increased its stake in shares of iShares U.S. Technology ETF by 84.3% in the 4th quarter. Brooklyn Investment Group now owns 199 shares of the exchange traded fund’s stock worth $32,000 after purchasing an additional 91 shares in the last quarter. Headlands Technologies LLC bought a new position in shares of iShares U.S. Technology ETF in the fourth quarter worth about $40,000. SRS Capital Advisors Inc. lifted its position in shares of iShares U.S. Technology ETF by 43.7% during the 4th quarter. SRS Capital Advisors Inc. now owns 296 shares of the exchange traded fund’s stock valued at $47,000 after buying an additional 90 shares in the last quarter. Avion Wealth bought a new position in shares of iShares U.S. Technology ETF during the 4th quarter valued at approximately $47,000. Finally, Atala Financial Inc purchased a new stake in iShares U.S. Technology ETF in the 4th quarter worth approximately $52,000.

iShares U.S. Technology ETF Price Performance

Shares of NYSEARCA:IYW opened at $147.29 on Tuesday. The company has a market capitalization of $18.45 billion, a P/E ratio of 31.02 and a beta of 1.22. iShares U.S. Technology ETF has a 1-year low of $117.55 and a 1-year high of $167.30. The firm’s 50 day simple moving average is $140.92 and its two-hundred day simple moving average is $153.67.

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).