Interchange Capital Partners LLC Sells 9,471 Shares of iShares U.S. Technology ETF $IYW

Interchange Capital Partners LLC cut its position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 95.7% in the second quarter, HoldingsChannel reports. The firm owned 429 shares of the exchange traded fund’s stock after selling 9,471 shares during the period. Interchange Capital Partners LLC’s holdings in iShares U.S. Technology ETF were worth $74,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Bank of New York Mellon Corp raised its position in iShares U.S. Technology ETF by 9.1% during 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 in the last quarter. Picton Mahoney Asset Management raised its position in iShares U.S. Technology ETF by 16.7% during the 1st quarter. Picton Mahoney Asset Management now owns 700 shares of the exchange traded fund’s stock valued at $98,000 after purchasing an additional 100 shares in the last quarter. Presilium Private Wealth LLC bought a new stake in iShares U.S. Technology ETF during the 2nd quarter valued at $203,000. Wealth Enhancement Advisory Services LLC raised its position in iShares U.S. Technology ETF by 12.4% during 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 purchasing an additional 15,785 shares in the last quarter. Finally, Arkadios Wealth Advisors raised its position in iShares U.S. Technology ETF by 66.4% during the 1st quarter. Arkadios Wealth Advisors now owns 21,965 shares of the exchange traded fund’s stock valued at $3,085,000 after purchasing an additional 8,764 shares in the last quarter. 57.65% of the stock is owned by institutional investors.

iShares U.S. Technology ETF Stock Down 1.3%

Shares of NYSEARCA IYW opened at $194.73 on Wednesday. The business has a fifty day simple moving average of $188.52 and a two-hundred day simple moving average of $168.71. The firm has a market cap of $20.66 billion, a PE ratio of 34.95 and a beta of 1.15. iShares U.S. Technology ETF has a twelve month low of $117.55 and a twelve month high of $201.50.

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).