Commerce Bank trimmed its position in iShares US Technology ETF (NYSEARCA:IYW) by 5.8% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 38,184 shares of the exchange traded fund’s stock after selling 2,350 shares during the period. Commerce Bank owned 0.18% of iShares US Technology ETF worth $7,278,000 at the end of the most recent reporting period.
A number of other hedge funds have also recently modified their holdings of IYW. RiverFront Investment Group LLC purchased a new stake in shares of iShares US Technology ETF in the fourth quarter worth $45,833,000. Raymond James & Associates lifted its holdings in shares of iShares US Technology ETF by 165.4% during the fourth quarter. Raymond James & Associates now owns 236,407 shares of the exchange traded fund’s stock valued at $37,809,000 after purchasing an additional 147,319 shares in the last quarter. Fulcrum Equity Management bought a new position in shares of iShares US Technology ETF during the first quarter valued at $15,380,000. Grimes & Company Inc. lifted its holdings in shares of iShares US Technology ETF by 660.3% during the first quarter. Grimes & Company Inc. now owns 85,724 shares of the exchange traded fund’s stock valued at $16,339,000 after purchasing an additional 74,449 shares in the last quarter. Finally, Osborn Williams & Donohoe LLC bought a new position in shares of iShares US Technology ETF during the first quarter valued at $7,759,000.
Shares of NYSEARCA:IYW traded down $1.50 during midday trading on Friday, reaching $192.48. 102,900 shares of the company’s stock traded hands, compared to its average volume of 161,511. iShares US Technology ETF has a one year low of $148.42 and a one year high of $207.06.
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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).
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