Commonwealth Equity Services LLC Sells 181,120 Shares of iShares U.S. Technology ETF $IYW

Commonwealth Equity Services LLC trimmed its stake in iShares U.S. Technology ETF (NYSEARCA:IYW) by 19.2% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 764,124 shares of the exchange traded fund’s stock after selling 181,120 shares during the period. Commonwealth Equity Services LLC’s holdings in iShares U.S. Technology ETF were worth $132,400,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Bank of New York Mellon Corp boosted its holdings in iShares U.S. Technology ETF by 9.1% in the first 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 boosted its stake in iShares U.S. Technology ETF by 7.1% in the 1st quarter. TD Private Client Wealth LLC now owns 3,066 shares of the exchange traded fund’s stock worth $431,000 after purchasing an additional 204 shares in the last quarter. Financial Counselors Inc. boosted its stake in iShares U.S. Technology ETF by 0.6% in the 1st 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 in the last quarter. Brown Advisory Inc. lifted its stake in shares of iShares U.S. Technology ETF by 54.3% in the first quarter. Brown Advisory Inc. now owns 24,466 shares of the exchange traded fund’s stock worth $3,436,000 after buying an additional 8,605 shares in the last quarter. Finally, Stratos Investment Management LLC lifted its holdings in shares of iShares U.S. Technology ETF by 3.8% during the first quarter. Stratos Investment Management LLC now owns 4,870 shares of the exchange traded fund’s stock valued at $684,000 after purchasing an additional 180 shares in the last quarter. Institutional investors own 57.65% of the company’s stock.

iShares U.S. Technology ETF Stock Performance

IYW opened at $204.20 on Thursday. The stock has a market capitalization of $22.01 billion, a P/E ratio of 34.95 and a beta of 1.23. The company’s 50-day simple moving average is $195.13 and its two-hundred day simple moving average is $176.75. iShares U.S. Technology ETF has a 52-week low of $117.55 and a 52-week high of $211.98.

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).