Dynasty Wealth Management LLC Sells 128,494 Shares of iShares U.S. Technology ETF $IYW

Dynasty Wealth Management LLC trimmed its position in iShares U.S. Technology ETF (NYSEARCA:IYW) by 11.5% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 986,140 shares of the exchange traded fund’s stock after selling 128,494 shares during the period. iShares U.S. Technology ETF comprises 1.9% of Dynasty Wealth Management LLC’s portfolio, making the stock its 17th biggest holding. Dynasty Wealth Management LLC owned about 0.94% of iShares U.S. Technology ETF worth $196,913,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Allen Investment Management LLC grew its position in iShares U.S. Technology ETF by 94.1% during the fourth quarter. Allen Investment Management LLC now owns 10,606 shares of the exchange traded fund’s stock valued at $2,118,000 after buying an additional 5,142 shares during the period. Root Financial Partners LLC raised its position in iShares U.S. Technology ETF by 3.4% in the fourth quarter. Root Financial Partners LLC now owns 4,152 shares of the exchange traded fund’s stock worth $829,000 after acquiring an additional 135 shares during the period. Resolute Capital LLC purchased a new position in shares of iShares U.S. Technology ETF during the 4th quarter worth $378,000. Redwood Financial Network Corp grew its position in shares of iShares U.S. Technology ETF by 5.7% during the 4th quarter. Redwood Financial Network Corp now owns 10,307 shares of the exchange traded fund’s stock valued at $2,058,000 after acquiring an additional 554 shares during the period. Finally, Founders Financial Securities LLC increased its stake in shares of iShares U.S. Technology ETF by 3.5% in the 4th quarter. Founders Financial Securities LLC now owns 30,995 shares of the exchange traded fund’s stock worth $6,189,000 after purchasing an additional 1,045 shares in the last quarter. 57.65% of the stock is currently owned by institutional investors.

iShares U.S. Technology ETF Stock Performance

Shares of iShares U.S. Technology ETF stock opened at $259.94 on Wednesday. The stock has a market cap of $25.57 billion, a P/E ratio of 34.95 and a beta of 1.33. The stock’s fifty day moving average is $214.63 and its 200 day moving average is $202.97. iShares U.S. Technology ETF has a one year low of $159.60 and a one year high of $260.11.

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.