Vertex Planning Partners LLC Sells 2,595 Shares of iShares U.S. Technology ETF $IYW

Vertex Planning Partners LLC cut its stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 16.4% during the 2nd quarter, Holdings Channel.com reports. The fund owned 13,273 shares of the exchange traded fund’s stock after selling 2,595 shares during the period. Vertex Planning Partners LLC’s holdings in iShares U.S. Technology ETF were worth $2,300,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of IYW. Presilium Private Wealth LLC purchased a new stake in iShares U.S. Technology ETF in the 2nd quarter valued at about $203,000. Sigma Investment Counselors Inc. bought a new position in shares of iShares U.S. Technology ETF in the second quarter valued at approximately $224,000. Johnson Investment Counsel Inc. increased its position in shares of iShares U.S. Technology ETF by 10.6% during the second quarter. Johnson Investment Counsel Inc. now owns 56,687 shares of the exchange traded fund’s stock valued at $9,822,000 after acquiring an additional 5,429 shares during the last quarter. Gilliland Jeter Wealth Management LLC lifted its holdings in iShares U.S. Technology ETF by 3.7% during the second quarter. Gilliland Jeter Wealth Management LLC now owns 23,014 shares of the exchange traded fund’s stock worth $3,988,000 after acquiring an additional 828 shares during the period. Finally, Wealthstar Advisors LLC lifted its holdings in iShares U.S. Technology ETF by 144.4% during the second quarter. Wealthstar Advisors LLC now owns 20,897 shares of the exchange traded fund’s stock worth $3,621,000 after acquiring an additional 12,346 shares during the period. 57.65% of the stock is owned by hedge funds and other institutional investors.

iShares U.S. Technology ETF Price Performance

Shares of NYSEARCA:IYW opened at $202.94 on Monday. The company has a market capitalization of $21.88 billion, a PE ratio of 34.95 and a beta of 1.23. The business has a fifty day moving average price of $199.58 and a two-hundred day moving average price of $184.73. iShares U.S. Technology ETF has a 1 year low of $117.55 and a 1 year high of $211.98.

iShares U.S. Technology ETF Company 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).