VestGen Advisors LLC trimmed its holdings in shares of iShares U.S. Technology ETF (NYSEARCA:IYW – Free Report) by 86.9% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 2,153 shares of the exchange traded fund’s stock after selling 14,342 shares during the period. VestGen Advisors LLC’s holdings in iShares U.S. Technology ETF were worth $390,000 as of its most recent filing with the SEC.
Several other hedge funds also recently modified their holdings of IYW. PGIM Custom Harvest LLC boosted its stake in iShares U.S. Technology ETF by 4.4% during the first quarter. PGIM Custom Harvest LLC now owns 4,528,761 shares of the exchange traded fund’s stock worth $636,019,000 after acquiring an additional 192,008 shares in the last quarter. Laurel Wealth Advisors LLC raised its holdings in shares of iShares U.S. Technology ETF by 18,553.4% during the second quarter. Laurel Wealth Advisors LLC now owns 3,690,017 shares of the exchange traded fund’s stock valued at $639,369,000 after purchasing an additional 3,670,235 shares during the period. Hsbc Holdings PLC boosted its position in shares of iShares U.S. Technology ETF by 52.6% during the 2nd quarter. Hsbc Holdings PLC now owns 1,164,822 shares of the exchange traded fund’s stock worth $201,829,000 after purchasing an additional 401,472 shares in the last quarter. The Manufacturers Life Insurance Company grew its stake in shares of iShares U.S. Technology ETF by 113.3% in the 1st quarter. The Manufacturers Life Insurance Company now owns 1,021,938 shares of the exchange traded fund’s stock valued at $143,521,000 after buying an additional 542,816 shares during the period. Finally, RiverFront Investment Group LLC increased its position in iShares U.S. Technology ETF by 2.8% in the 2nd quarter. RiverFront Investment Group LLC now owns 861,595 shares of the exchange traded fund’s stock valued at $149,289,000 after buying an additional 23,387 shares in the last quarter. Institutional investors own 57.65% of the company’s stock.
iShares U.S. Technology ETF Stock Performance
IYW stock opened at $200.94 on Wednesday. The stock’s 50 day simple moving average is $199.09 and its 200 day simple moving average is $183.82. The company has a market cap of $21.66 billion, a P/E ratio of 34.95 and a beta of 1.23. iShares U.S. Technology ETF has a fifty-two week low of $117.55 and a fifty-two week high of $211.98.
About iShares U.S. 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).
Featured Articles
- Five stocks we like better than iShares U.S. Technology ETF
- Why Understanding Call Option Volume is Essential to Successful Options Trading
- Palantir Stock Finds Its Footing—and a Path to Global Growth
- 3 Monster Growth Stocks to Buy Now
- The $100 Million Tell: Following Smart Money Into DoorDash
- High Flyers: 3 Natural Gas Stocks for March 2022
- Wall Street’s Sleeping Giant: Is Amazon About to Wake Up?
Receive News & Ratings for iShares U.S. Technology ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares U.S. Technology ETF and related companies with MarketBeat.com's FREE daily email newsletter.
