WealthShield Partners LLC Reduces Holdings in iShares U.S. Technology ETF $IYW

WealthShield Partners LLC decreased its holdings in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 16.7% in the second quarter, HoldingsChannel reports. The fund owned 22,808 shares of the exchange traded fund’s stock after selling 4,565 shares during the quarter. WealthShield Partners LLC’s holdings in iShares U.S. Technology ETF were worth $3,952,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also bought and sold shares of IYW. LPL Financial LLC lifted its position in shares of iShares U.S. Technology ETF by 4.4% during the 1st quarter. LPL Financial LLC now owns 5,335,760 shares of the exchange traded fund’s stock valued at $749,354,000 after buying an additional 224,438 shares in the last quarter. PGIM Custom Harvest LLC increased its holdings in iShares U.S. Technology ETF by 4.4% in the 1st quarter. PGIM Custom Harvest LLC now owns 4,528,761 shares of the exchange traded fund’s stock worth $636,019,000 after acquiring an additional 192,008 shares in the last quarter. The Manufacturers Life Insurance Company lifted its holdings in iShares U.S. Technology ETF by 113.3% during the first quarter. The Manufacturers Life Insurance Company now owns 1,021,938 shares of the exchange traded fund’s stock valued at $143,521,000 after purchasing an additional 542,816 shares in the last quarter. Commonwealth Equity Services LLC increased its stake in shares of iShares U.S. Technology ETF by 8.3% in the first quarter. Commonwealth Equity Services LLC now owns 945,244 shares of the exchange traded fund’s stock worth $132,750,000 after purchasing an additional 72,139 shares in the last quarter. Finally, Cetera Investment Advisers lifted its stake in shares of iShares U.S. Technology ETF by 1.5% during the 1st quarter. Cetera Investment Advisers now owns 703,233 shares of the exchange traded fund’s stock valued at $98,762,000 after buying an additional 10,647 shares in the last quarter. Institutional investors own 57.65% of the company’s stock.

iShares U.S. Technology ETF Stock Up 0.5%

Shares of iShares U.S. Technology ETF stock opened at $199.16 on Friday. The company has a market capitalization of $21.47 billion, a price-to-earnings ratio of 34.95 and a beta of 1.23. The stock’s 50-day simple moving average is $197.79 and its 200-day simple moving average is $179.62. 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 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).