RCS Financial Planning LLC Has $677,000 Stake in iShares U.S. Technology ETF $IYW

RCS Financial Planning LLC reduced its holdings in iShares U.S. Technology ETF (NYSEARCA:IYW) by 58.5% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 3,456 shares of the exchange traded fund’s stock after selling 4,867 shares during the quarter. RCS Financial Planning LLC’s holdings in iShares U.S. Technology ETF were worth $677,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Bell Investment Advisors Inc acquired a new stake in iShares U.S. Technology ETF during the 2nd quarter worth approximately $25,000. Harbor Asset Planning Inc. bought a new stake in shares of iShares U.S. Technology ETF during the second quarter worth $27,000. Bogart Wealth LLC raised its holdings in shares of iShares U.S. Technology ETF by 189.3% during the second quarter. Bogart Wealth LLC now owns 162 shares of the exchange traded fund’s stock worth $28,000 after acquiring an additional 106 shares during the period. Bangor Savings Bank bought a new stake in iShares U.S. Technology ETF in the 3rd quarter valued at $31,000. Finally, Hantz Financial Services Inc. bought a new stake in iShares U.S. Technology ETF in the 3rd quarter valued at $31,000. Institutional investors and hedge funds own 57.65% of the company’s stock.

iShares U.S. Technology ETF Trading Down 2.4%

IYW stock opened at $194.92 on Wednesday. The stock has a 50-day moving average price of $200.32 and a two-hundred day moving average price of $194.46. The stock has a market cap of $20.37 billion, a PE ratio of 34.95 and a beta of 1.23. iShares U.S. Technology ETF has a 1 year low of $117.55 and a 1 year 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). 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.