Quotient Wealth Partners LLC Reduces Position in iShares U.S. Technology ETF $IYW

Quotient Wealth Partners LLC decreased its holdings in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 21.0% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm owned 27,976 shares of the exchange traded fund’s stock after selling 7,449 shares during the period. Quotient Wealth Partners LLC’s holdings in iShares U.S. Technology ETF were worth $5,075,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Morgan Stanley grew its holdings in iShares U.S. Technology ETF by 3.3% during the fourth quarter. Morgan Stanley now owns 5,773,004 shares of the exchange traded fund’s stock worth $1,152,754,000 after acquiring an additional 186,297 shares during the period. JPMorgan Chase & Co. increased its holdings in shares of iShares U.S. Technology ETF by 34.4% in the 4th quarter. JPMorgan Chase & Co. now owns 4,033,291 shares of the exchange traded fund’s stock valued at $805,368,000 after purchasing an additional 1,031,871 shares in the last quarter. UBS Group AG lifted its stake in shares of iShares U.S. Technology ETF by 4.0% in the third quarter. UBS Group AG now owns 1,882,618 shares of the exchange traded fund’s stock valued at $368,730,000 after purchasing an additional 72,485 shares during the period. Raymond James Financial Inc. lifted its stake in shares of iShares U.S. Technology ETF by 6.5% in the second quarter. Raymond James Financial Inc. now owns 1,598,623 shares of the exchange traded fund’s stock valued at $276,993,000 after purchasing an additional 97,389 shares during the period. Finally, Ameriprise Financial Inc. boosted its holdings in iShares U.S. Technology ETF by 2.4% during the second quarter. Ameriprise Financial Inc. now owns 1,156,536 shares of the exchange traded fund’s stock worth $200,481,000 after buying an additional 27,056 shares in the last quarter. 57.65% of the stock is owned by institutional investors and hedge funds.

iShares U.S. Technology ETF Price Performance

NYSEARCA:IYW opened at $253.57 on Friday. iShares U.S. Technology ETF has a 52-week low of $162.98 and a 52-week high of $261.01. The company has a market capitalization of $24.94 billion, a PE ratio of 34.95 and a beta of 1.36. The stock has a fifty day simple moving average of $232.73 and a 200-day simple moving average of $208.07.

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). 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.