Blair William & Co. IL Reduces Stake in iShares U.S. Technology ETF (NYSEARCA:IYW)

iShares U.S. Technology ETF Holdings Update and Trading Analysis

Blair William & Co. IL Decreases Holdings in iShares U.S. Technology ETF

In a recent filing with the Securities and Exchange Commission, Blair William & Co. IL disclosed that it has decreased its holdings in the iShares U.S. Technology ETF by 3.2% in the first quarter. The firm sold 754 shares, bringing its total holdings to 22,470 shares worth $3,035,000.

This move comes as several other hedge funds have also been active in trading the iShares U.S. Technology ETF. VitalStone Financial LLC acquired a new position in the ETF valued at $36,000, while Tidemark LLC and GAMMA Investing LLC purchased stakes worth $50,000 and $52,000 respectively. Park Place Capital Corp and SYM FINANCIAL Corp also added to their positions in the ETF.

Despite these activities, the iShares U.S. Technology ETF saw a 1.1% decline in trading on Friday, opening at $148.01. The ETF has a market cap of $18.18 billion and a price-to-earnings ratio of 38.84.

The iShares U.S. Technology ETF, formerly known as the iShares Dow Jones U.S. Technology Sector Index Fund, seeks to replicate the performance of the Dow Jones U.S. Technology Index. It has a 12-month low of $100.84 and a high of $158.97.

For further reading and analysis, investors can refer to the latest institutional ownership data for the iShares U.S. Technology ETF. Stay updated on the latest news and ratings for the ETF by subscribing to MarketBeat.com’s daily email newsletter.

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