iShares U.S. Technology ETF $IYW Shares Sold by Lifelong Wealth Advisors Inc.

Lifelong Wealth Advisors Inc. decreased its position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 18.5% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 51,903 shares of the exchange traded fund’s stock after selling 11,813 shares during the period. iShares U.S. Technology ETF accounts for approximately 2.7% of Lifelong Wealth Advisors Inc.’s portfolio, making the stock its 6th largest holding. Lifelong Wealth Advisors Inc.’s holdings in iShares U.S. Technology ETF were worth $10,364,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of IYW. Laurel Wealth Advisors LLC raised its holdings in iShares U.S. Technology ETF by 18,553.4% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 3,690,017 shares of the exchange traded fund’s stock valued at $639,369,000 after acquiring an additional 3,670,235 shares during the last quarter. UBS Group AG boosted its holdings in shares of iShares U.S. Technology ETF by 4.0% during the third quarter. UBS Group AG now owns 1,882,618 shares of the exchange traded fund’s stock worth $368,730,000 after purchasing an additional 72,485 shares during the last quarter. Raymond James Financial Inc. grew its position 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. Hsbc Holdings PLC grew its position in shares of iShares U.S. Technology ETF by 52.6% in the second quarter. Hsbc Holdings PLC now owns 1,164,822 shares of the exchange traded fund’s stock valued at $201,829,000 after purchasing an additional 401,472 shares during the period. Finally, Ameriprise Financial Inc. increased its stake in iShares U.S. Technology ETF by 2.4% in the second quarter. Ameriprise Financial Inc. now owns 1,156,536 shares of the exchange traded fund’s stock valued at $200,481,000 after purchasing an additional 27,056 shares during the last quarter. 57.65% of the stock is owned by hedge funds and other institutional investors.

iShares U.S. Technology ETF Trading Down 1.1%

NYSEARCA IYW opened at $184.88 on Wednesday. The business’s 50-day moving average price is $193.40 and its 200 day moving average price is $196.73. iShares U.S. Technology ETF has a twelve month low of $117.55 and a twelve month high of $211.98. The company has a market capitalization of $19.35 billion, a PE ratio of 34.95 and a beta of 1.23.

iShares U.S. Technology ETF Company 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.