iShares U.S. Technology ETF $IYW Shares Sold by Wealth Alliance LLC

Wealth Alliance LLC lowered its holdings in iShares U.S. Technology ETF (NYSEARCA:IYW) by 56.8% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 19,479 shares of the exchange traded fund’s stock after selling 25,593 shares during the period. Wealth Alliance LLC’s holdings in iShares U.S. Technology ETF were worth $3,815,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. HC Advisors LLC grew its position in iShares U.S. Technology ETF by 1.3% in the 3rd quarter. HC Advisors LLC now owns 82,494 shares of the exchange traded fund’s stock worth $16,157,000 after purchasing an additional 1,020 shares during the last quarter. Fiscal Wisdom Wealth Management LLC acquired a new position in shares of iShares U.S. Technology ETF during the third quarter worth approximately $214,000. Advisors Capital Management LLC bought a new position in iShares U.S. Technology ETF in the 3rd quarter worth approximately $431,000. First National Bank of Omaha acquired a new stake in iShares U.S. Technology ETF in the 3rd quarter valued at approximately $392,000. Finally, Maridea Wealth Management LLC acquired a new stake in iShares U.S. Technology ETF in the 3rd quarter valued at approximately $209,000. 57.65% of the stock is owned by institutional investors.

iShares U.S. Technology ETF Stock Performance

Shares of IYW stock opened at $192.53 on Friday. iShares U.S. Technology ETF has a 1 year low of $117.55 and a 1 year high of $211.98. The firm has a market capitalization of $20.15 billion, a PE ratio of 34.95 and a beta of 1.23. The stock has a fifty day moving average of $198.09 and a two-hundred day moving average of $195.28.

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.