Brookstone Capital Management cut its holdings in iShares US Technology ETF (NYSEARCA:IYW – Get Rating) by 93.8% in the first quarter, according to the company in its most recent disclosure with the SEC. The fund owned 7,583 shares of the exchange traded fund’s stock after selling 114,645 shares during the quarter. Brookstone Capital Management’s holdings in iShares US Technology ETF were worth $726,000 at the end of the most recent reporting period.
A number of other institutional investors have also added to or reduced their stakes in IYW. Signaturefd LLC raised its stake in iShares US Technology ETF by 133.9% in the fourth quarter. Signaturefd LLC now owns 290 shares of the exchange traded fund’s stock valued at $33,000 after buying an additional 166 shares during the last quarter. Allegheny Financial Group LTD purchased a new stake in iShares US Technology ETF in the fourth quarter valued at about $39,000. Rinkey Investments purchased a new stake in iShares US Technology ETF in the fourth quarter valued at about $39,000. James Reed Financial Services Inc. acquired a new position in shares of iShares US Technology ETF in the fourth quarter valued at about $41,000. Finally, Central Bank & Trust Co. acquired a new position in shares of iShares US Technology ETF in the fourth quarter valued at about $42,000.
Shares of IYW stock opened at $84.69 on Friday. The stock’s 50-day simple moving average is $86.75 and its 200-day simple moving average is $97.91. iShares US Technology ETF has a fifty-two week low of $76.91 and a fifty-two week high of $118.00.
iShares US Technology ETF Company Profile (Get Rating)
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).
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