Stonebridge Financial Planning Group LLC Has $10.63 Million Stock Position in iShares U.S. Technology ETF $IYW

Stonebridge Financial Planning Group LLC lowered its position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 2.8% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 61,354 shares of the exchange traded fund’s stock after selling 1,775 shares during the quarter. iShares U.S. Technology ETF accounts for approximately 4.4% of Stonebridge Financial Planning Group LLC’s investment portfolio, making the stock its 2nd largest position. Stonebridge Financial Planning Group LLC’s holdings in iShares U.S. Technology ETF were worth $10,631,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the company. Bank of New York Mellon Corp raised its stake in shares of 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 acquiring an additional 31,300 shares in the last quarter. TD Private Client Wealth LLC grew its position in iShares U.S. Technology ETF by 7.1% in the first quarter. TD Private Client Wealth LLC now owns 3,066 shares of the exchange traded fund’s stock valued at $431,000 after acquiring an additional 204 shares during the period. Financial Counselors Inc. grew its holdings in shares of iShares U.S. Technology ETF by 0.6% during the first quarter. Financial Counselors Inc. now owns 20,223 shares of the exchange traded fund’s stock worth $2,840,000 after purchasing an additional 130 shares during the last quarter. Brown Advisory Inc. grew its holdings in shares of iShares U.S. Technology ETF by 54.3% during the first quarter. Brown Advisory Inc. now owns 24,466 shares of the exchange traded fund’s stock worth $3,436,000 after purchasing an additional 8,605 shares during the last quarter. Finally, May Hill Capital LLC bought a new position in iShares U.S. Technology ETF in the 1st quarter valued at $474,000. Institutional investors own 57.65% of the company’s stock.

iShares U.S. Technology ETF Stock Down 2.5%

iShares U.S. Technology ETF stock opened at $203.61 on Wednesday. The business’s 50-day simple moving average is $194.70 and its 200 day simple moving average is $176.56. The stock has a market cap of $21.74 billion, a price-to-earnings ratio of 34.95 and a beta of 1.23. iShares U.S. Technology ETF has a 12-month low of $117.55 and a 12-month high of $211.98.

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).