Rockefeller Capital Management L.P. Cuts Position in iShares U.S. Technology ETF $IYW

Rockefeller Capital Management L.P. trimmed its position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 1.1% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 280,845 shares of the exchange traded fund’s stock after selling 3,036 shares during the period. Rockefeller Capital Management L.P. owned about 0.27% of iShares U.S. Technology ETF worth $56,079,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Morgan Stanley increased its position in shares of iShares U.S. Technology ETF by 3.3% in the 4th quarter. Morgan Stanley now owns 5,773,004 shares of the exchange traded fund’s stock valued at $1,152,754,000 after purchasing an additional 186,297 shares during the last quarter. JPMorgan Chase & Co. lifted its position in shares of iShares U.S. Technology ETF by 34.4% during the 4th quarter. JPMorgan Chase & Co. now owns 4,033,291 shares of the exchange traded fund’s stock worth $805,368,000 after purchasing an additional 1,031,871 shares during the last quarter. UBS Group AG lifted its position in shares of iShares U.S. Technology ETF by 4.0% during the 3rd quarter. UBS Group AG now owns 1,882,618 shares of the exchange traded fund’s stock worth $368,730,000 after purchasing an additional 72,485 shares during the last quarter. Raymond James Financial Inc. grew its stake in shares of iShares U.S. Technology ETF by 6.5% during the second quarter. Raymond James Financial Inc. now owns 1,598,623 shares of the exchange traded fund’s stock worth $276,993,000 after purchasing an additional 97,389 shares in the last quarter. Finally, Ameriprise Financial Inc. grew its stake in shares of iShares U.S. Technology ETF by 2.4% during the second quarter. Ameriprise Financial Inc. now owns 1,156,536 shares of the exchange traded fund’s stock worth $200,481,000 after purchasing an additional 27,056 shares in the last quarter. Institutional investors and hedge funds own 57.65% of the company’s stock.

iShares U.S. Technology ETF Price Performance

NYSEARCA:IYW opened at $253.57 on Friday. iShares U.S. Technology ETF has a 12 month low of $162.98 and a 12 month high of $261.01. The firm has a market capitalization of $24.94 billion, a PE ratio of 34.95 and a beta of 1.36. The business’s fifty day moving average price is $232.73 and its 200 day moving average price is $208.07.

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). The Index measures the performance of the technology sector of the United States equity market, and includes companies in the industry groups, such as software and computer services and technology hardware and equipment.