Liberty Wealth Management LLC Decreases Holdings in iShares U.S. Technology ETF $IYW

Liberty Wealth Management LLC trimmed its stake in iShares U.S. Technology ETF (NYSEARCA:IYW) by 6.8% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 44,821 shares of the exchange traded fund’s stock after selling 3,279 shares during the quarter. iShares U.S. Technology ETF makes up 1.2% of Liberty Wealth Management LLC’s holdings, making the stock its 20th biggest position. Liberty Wealth Management LLC’s holdings in iShares U.S. Technology ETF were worth $7,767,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Harbor Asset Planning Inc. bought a new stake in shares of iShares U.S. Technology ETF in the 2nd quarter worth approximately $27,000. Bogart Wealth LLC increased its position in iShares U.S. Technology ETF by 189.3% in the second quarter. Bogart Wealth LLC now owns 162 shares of the exchange traded fund’s stock worth $28,000 after buying an additional 106 shares during the last quarter. Trust Co. of Vermont purchased a new stake in iShares U.S. Technology ETF in the first quarter worth $30,000. Private Wealth Asset Management LLC bought a new stake in shares of iShares U.S. Technology ETF in the second quarter valued at $39,000. Finally, Park Square Financial Group LLC lifted its position in shares of iShares U.S. Technology ETF by 588.2% during the 1st quarter. Park Square Financial Group LLC now owns 234 shares of the exchange traded fund’s stock valued at $33,000 after buying an additional 200 shares during the last quarter. 57.65% of the stock is owned by institutional investors.

iShares U.S. Technology ETF Stock Performance

IYW stock opened at $203.09 on Monday. The stock has a fifty day moving average of $190.92 and a 200-day moving average of $172.67. iShares U.S. Technology ETF has a fifty-two week low of $117.55 and a fifty-two week high of $203.85. The company has a market capitalization of $21.66 billion, a price-to-earnings ratio of 34.95 and a beta of 1.15.

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).