Mechanics Bank Trust Department cut its position in shares of iShares US Technology ETF (NYSEARCA:IYW) by 0.4% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 22,863 shares of the exchange traded fund’s stock after selling 85 shares during the quarter. Mechanics Bank Trust Department owned 0.11% of iShares US Technology ETF worth $3,656,000 as of its most recent filing with the SEC.
Several other hedge funds and other institutional investors also recently modified their holdings of the stock. CX Institutional bought a new stake in shares of iShares US Technology ETF during the 4th quarter valued at $37,000. Chicago Partners Investment Group LLC raised its stake in shares of iShares US Technology ETF by 94.1% during the third quarter. Chicago Partners Investment Group LLC now owns 592 shares of the exchange traded fund’s stock valued at $101,000 after acquiring an additional 287 shares during the last quarter. Girard Partners LTD. acquired a new stake in iShares US Technology ETF in the third quarter worth $181,000. Belpointe Asset Management LLC acquired a new position in shares of iShares US Technology ETF during the third quarter valued at about $197,000. Finally, Frontier Investment Mgmt Co. bought a new position in shares of iShares US Technology ETF during the third quarter valued at about $207,000.
Shares of NYSEARCA:IYW opened at $179.80 on Thursday. iShares US Technology ETF has a 12 month low of $148.42 and a 12 month high of $196.97.
COPYRIGHT VIOLATION WARNING: This piece of content was posted by Highlight Press and is the sole property of of Highlight Press. If you are reading this piece of content on another domain, it was copied illegally and reposted in violation of international copyright laws. The legal version of this piece of content can be accessed at https://highlightpress.com/2019/02/14/ishares-us-technology-etf-iyw-shares-sold-by-mechanics-bank-trust-department.html.
About iShares US Technology ETF
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).
Receive News & Ratings for iShares US Technology ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares US Technology ETF and related companies with MarketBeat.com's FREE daily email newsletter.