iShares U.S. Technology ETF (NYSEARCA:IYW) Shares Sold by KFG Wealth Management LLC

KFG Wealth Management LLC lessened its position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 23.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 30,749 shares of the exchange traded fund’s stock after selling 9,215 shares during the period. iShares U.S. Technology ETF makes up 1.7% of KFG Wealth Management LLC’s portfolio, making the stock its 17th biggest position. KFG Wealth Management LLC’s holdings in iShares U.S. Technology ETF were worth $3,774,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Barclays PLC purchased a new stake in iShares U.S. Technology ETF during the first quarter valued at about $25,000. Authentikos Wealth Advisory LLC purchased a new stake in iShares U.S. Technology ETF during the third quarter valued at about $33,000. Sheets Smith Wealth Management purchased a new stake in iShares U.S. Technology ETF during the third quarter valued at about $35,000. Coppell Advisory Solutions LLC purchased a new stake in iShares U.S. Technology ETF during the second quarter valued at about $39,000. Finally, LWM Advisory Services LLC purchased a new stake in shares of iShares U.S. Technology ETF in the third quarter worth about $40,000.

iShares U.S. Technology ETF Stock Down 2.9 %

Shares of NYSEARCA IYW traded down $3.66 on Friday, hitting $124.75. The company had a trading volume of 2,094,095 shares, compared to its average volume of 879,499. iShares U.S. Technology ETF has a 12-month low of $88.64 and a 12-month high of $137.54. The business has a 50 day moving average of $133.42 and a two-hundred day moving average of $122.87. The firm has a market capitalization of $15.22 billion, a P/E ratio of 40.59 and a beta of 1.39.

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).