iShares U.S. Technology ETF $IYW Shares Sold by Stratos Wealth Partners LTD.

Stratos Wealth Partners LTD. decreased its position in iShares U.S. Technology ETF (NYSEARCA:IYW) by 21.6% in the 3rd quarter, HoldingsChannel reports. The firm owned 173,739 shares of the exchange traded fund’s stock after selling 47,911 shares during the period. Stratos Wealth Partners LTD.’s holdings in iShares U.S. Technology ETF were worth $34,029,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Bell Investment Advisors Inc acquired a new stake in shares of iShares U.S. Technology ETF during the 2nd quarter worth about $25,000. Harbor Asset Planning Inc. purchased a new position in shares of iShares U.S. Technology ETF during the second quarter valued at approximately $27,000. Bogart Wealth LLC boosted its position in 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 last quarter. Bangor Savings Bank acquired a new stake in iShares U.S. Technology ETF during the third quarter worth approximately $31,000. Finally, Hantz Financial Services Inc. purchased a new stake in iShares U.S. Technology ETF in the 3rd quarter worth approximately $31,000. 57.65% of the stock is currently owned by hedge funds and other institutional investors.

iShares U.S. Technology ETF Stock Performance

Shares of IYW opened at $195.31 on Wednesday. iShares U.S. Technology ETF has a fifty-two week low of $117.55 and a fifty-two week high of $211.98. The company has a market capitalization of $20.44 billion, a PE ratio of 34.95 and a beta of 1.23. The stock has a fifty day moving average of $199.70 and a two-hundred day moving average of $194.93.

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.