Ascent Group LLC Sells 14,590 Shares of iShares U.S. Technology ETF $IYW

Ascent Group LLC cut its stake in iShares U.S. Technology ETF (NYSEARCA:IYW) by 9.2% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 144,290 shares of the exchange traded fund’s stock after selling 14,590 shares during the period. iShares U.S. Technology ETF makes up approximately 1.0% of Ascent Group LLC’s holdings, making the stock its 22nd biggest position. Ascent Group LLC’s holdings in iShares U.S. Technology ETF were worth $25,001,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Bank of New York Mellon Corp boosted its holdings in iShares U.S. Technology ETF by 9.1% in the 1st quarter. Bank of New York Mellon Corp now owns 376,895 shares of the exchange traded fund’s stock valued at $52,931,000 after purchasing an additional 31,300 shares during the period. Picton Mahoney Asset Management raised its stake in shares of iShares U.S. Technology ETF by 16.7% in the 1st quarter. Picton Mahoney Asset Management now owns 700 shares of the exchange traded fund’s stock valued at $98,000 after buying an additional 100 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its stake in shares of iShares U.S. Technology ETF by 12.4% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 143,291 shares of the exchange traded fund’s stock valued at $20,124,000 after buying an additional 15,785 shares in the last quarter. Arkadios Wealth Advisors raised its stake in shares of iShares U.S. Technology ETF by 66.4% in the 1st quarter. Arkadios Wealth Advisors now owns 21,965 shares of the exchange traded fund’s stock valued at $3,085,000 after buying an additional 8,764 shares in the last quarter. Finally, NorthRock Partners LLC raised its stake in shares of iShares U.S. Technology ETF by 1.5% in the 1st quarter. NorthRock Partners LLC now owns 5,576 shares of the exchange traded fund’s stock valued at $783,000 after buying an additional 83 shares in the last quarter. 57.65% of the stock is owned by institutional investors.

iShares U.S. Technology ETF Stock Performance

Shares of IYW stock opened at $197.46 on Friday. iShares U.S. Technology ETF has a 52-week low of $117.55 and a 52-week high of $199.31. The stock has a market cap of $21.27 billion, a price-to-earnings ratio of 34.95 and a beta of 1.15. The firm has a fifty day moving average of $186.11 and a 200-day moving average of $166.06.

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).