Ameriprise Financial Inc. Sells 43,504 Shares of iShares U.S. Technology ETF (NYSEARCA:IYW)

Ameriprise Financial Inc. cut its position in iShares U.S. Technology ETF (NYSEARCA:IYW) by 3.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,198,391 shares of the exchange traded fund’s stock after selling 43,504 shares during the quarter. Ameriprise Financial Inc. owned about 0.98% of iShares U.S. Technology ETF worth $191,085,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently bought and sold shares of IYW. LPL Financial LLC lifted its position in iShares U.S. Technology ETF by 23.7% during the fourth quarter. LPL Financial LLC now owns 5,111,322 shares of the exchange traded fund’s stock valued at $815,358,000 after purchasing an additional 977,883 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of iShares U.S. Technology ETF by 10.1% during the 4th quarter. JPMorgan Chase & Co. now owns 3,420,965 shares of the exchange traded fund’s stock worth $545,713,000 after acquiring an additional 314,689 shares during the last quarter. Raymond James Financial Inc. bought a new stake in shares of iShares U.S. Technology ETF during the 4th quarter worth $256,146,000. Wells Fargo & Company MN grew its position in iShares U.S. Technology ETF by 14.2% in the fourth quarter. Wells Fargo & Company MN now owns 1,423,744 shares of the exchange traded fund’s stock worth $227,116,000 after acquiring an additional 177,492 shares in the last quarter. Finally, Dynasty Wealth Management LLC increased its stake in iShares U.S. Technology ETF by 54.8% in the fourth quarter. Dynasty Wealth Management LLC now owns 1,404,039 shares of the exchange traded fund’s stock valued at $223,972,000 after acquiring an additional 497,043 shares during the last quarter.

iShares U.S. Technology ETF Stock Down 0.8 %

Shares of IYW stock opened at $146.06 on Wednesday. The business has a 50-day moving average price of $140.80 and a two-hundred day moving average price of $153.62. iShares U.S. Technology ETF has a 12-month low of $117.55 and a 12-month high of $167.30. The firm has a market cap of $18.29 billion, a P/E ratio of 31.02 and a beta of 1.22.

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).