ShoreHaven Wealth Partners LLC lessened its stake in iShares U.S. Technology ETF (NYSEARCA:IYW – Free Report) by 10.5% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 21,083 shares of the exchange traded fund’s stock after selling 2,465 shares during the quarter. iShares U.S. Technology ETF comprises 1.5% of ShoreHaven Wealth Partners LLC’s investment portfolio, making the stock its 19th biggest position. ShoreHaven Wealth Partners LLC’s holdings in iShares U.S. Technology ETF were worth $3,653,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors and hedge funds have also bought and sold shares of IYW. Harbor Asset Planning Inc. bought a new position in iShares U.S. Technology ETF in the 2nd quarter valued at about $27,000. Trust Co. of Vermont acquired a new stake in shares of iShares U.S. Technology ETF during the 1st quarter worth approximately $30,000. Park Square Financial Group LLC boosted 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 worth $33,000 after acquiring an additional 200 shares in the last quarter. Accredited Wealth Management LLC bought a new position in iShares U.S. Technology ETF in the first quarter valued at approximately $33,000. Finally, Private Wealth Asset Management LLC acquired a new position in iShares U.S. Technology ETF during the second quarter valued at approximately $39,000. Institutional investors own 57.65% of the company’s stock.
iShares U.S. Technology ETF Price Performance
NYSEARCA IYW opened at $197.17 on Friday. The business has a fifty day moving average price of $189.37 and a two-hundred day moving average price of $169.67. The stock has a market capitalization of $21.12 billion, a PE ratio of 34.95 and a beta of 1.15. iShares U.S. Technology ETF has a fifty-two week low of $117.55 and a fifty-two week high of $201.50.
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).
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