Theory Financial LLC Sells 8,832 Shares of iShares U.S. Technology ETF $IYW

Theory Financial LLC trimmed its stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 83.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,773 shares of the exchange traded fund’s stock after selling 8,832 shares during the quarter. Theory Financial LLC’s holdings in iShares U.S. Technology ETF were worth $354,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the stock. Laurel Wealth Advisors LLC boosted its holdings in shares of iShares U.S. Technology ETF by 18,553.4% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 3,690,017 shares of the exchange traded fund’s stock worth $639,369,000 after buying an additional 3,670,235 shares during the period. Hsbc Holdings PLC lifted its position in iShares U.S. Technology ETF by 52.6% during the second quarter. Hsbc Holdings PLC now owns 1,164,822 shares of the exchange traded fund’s stock worth $201,829,000 after acquiring an additional 401,472 shares during the last quarter. Parker Investment Management LLC lifted its position in iShares U.S. Technology ETF by 126.4% during the second quarter. Parker Investment Management LLC now owns 700,717 shares of the exchange traded fund’s stock worth $121,413,000 after acquiring an additional 391,273 shares during the last quarter. Pinkerton Wealth LLC bought a new stake in shares of iShares U.S. Technology ETF during the second quarter worth approximately $34,296,000. Finally, DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main grew its position in shares of iShares U.S. Technology ETF by 14,772.9% in the second quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 171,187 shares of the exchange traded fund’s stock valued at $29,662,000 after purchasing an additional 170,036 shares during the last quarter. 57.65% of the stock is owned by institutional investors.

iShares U.S. Technology ETF Price Performance

IYW stock opened at $199.89 on Friday. iShares U.S. Technology ETF has a fifty-two week low of $117.55 and a fifty-two week high of $211.98. The business’s fifty day moving average price is $199.67 and its two-hundred day moving average price is $192.34. The stock has a market capitalization of $20.90 billion, a price-to-earnings ratio of 34.95 and a beta of 1.23.

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). The Index measures the performance of the technology sector of the United States equity market, and includes companies in the industry groups, such as software and computer services and technology hardware and equipment.