Wealthcare Advisory Partners LLC Sells 797 Shares of iShares U.S. Technology ETF (NYSEARCA:IYW)

Wealthcare Advisory Partners LLC lessened its holdings in iShares U.S. Technology ETF (NYSEARCA:IYW) by 12.2% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,739 shares of the exchange traded fund’s stock after selling 797 shares during the quarter. Wealthcare Advisory Partners LLC’s holdings in iShares U.S. Technology ETF were worth $806,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the business. LPL Financial LLC raised its holdings in iShares U.S. Technology ETF by 23.7% in the 4th quarter. LPL Financial LLC now owns 5,111,322 shares of the exchange traded fund’s stock valued at $815,358,000 after buying an additional 977,883 shares during the last quarter. Bank of America Corp DE raised its holdings in iShares U.S. Technology ETF by 0.6% in the 4th quarter. Bank of America Corp DE now owns 4,297,527 shares of the exchange traded fund’s stock valued at $685,541,000 after buying an additional 26,427 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in iShares U.S. Technology ETF by 10.1% in the 4th quarter. JPMorgan Chase & Co. now owns 3,420,965 shares of the exchange traded fund’s stock valued at $545,713,000 after buying an additional 314,689 shares during the last quarter. Raymond James Financial Inc. bought a new position in iShares U.S. Technology ETF in the 4th quarter valued at approximately $256,146,000. Finally, Wells Fargo & Company MN raised its holdings in iShares U.S. Technology ETF by 14.2% in the 4th quarter. Wells Fargo & Company MN now owns 1,423,744 shares of the exchange traded fund’s stock valued at $227,116,000 after buying an additional 177,492 shares during the last quarter.

iShares U.S. Technology ETF Stock Performance

NYSEARCA:IYW opened at $165.74 on Friday. The company has a market capitalization of $20.35 billion, a PE ratio of 35.28 and a beta of 1.23. The company has a 50 day simple moving average of $148.68 and a two-hundred day simple moving average of $153.96. iShares U.S. Technology ETF has a fifty-two week low of $117.55 and a fifty-two week high of $167.30.

iShares U.S. Technology ETF 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).