Quadrant Private Wealth Management LLC Sells 3,507 Shares of iShares U.S. Technology ETF $IYW

Quadrant Private Wealth Management LLC cut its stake in iShares U.S. Technology ETF (NYSEARCA:IYW) by 41.1% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 5,024 shares of the exchange traded fund’s stock after selling 3,507 shares during the quarter. Quadrant Private Wealth Management LLC’s holdings in iShares U.S. Technology ETF were worth $911,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently modified their holdings of the company. Monetary Solutions Ltd purchased a new stake in iShares U.S. Technology ETF in the 4th quarter valued at $26,000. Sankala Group LLC bought a new position in iShares U.S. Technology ETF during the 4th quarter valued at $26,000. Triumph Capital Management purchased a new position in iShares U.S. Technology ETF during the 3rd quarter worth $28,000. Miller Capital Partners Inc. purchased a new position in iShares U.S. Technology ETF during the 4th quarter worth $28,000. Finally, Citizens National Bank Trust Department bought a new stake in shares of iShares U.S. Technology ETF in the 1st quarter worth $31,000. Institutional investors own 57.65% of the company’s stock.

iShares U.S. Technology ETF Price Performance

NYSEARCA IYW opened at $239.24 on Friday. The company has a fifty day moving average price of $245.67 and a 200-day moving average price of $214.37. The firm has a market cap of $24.06 billion, a price-to-earnings ratio of 34.95 and a beta of 1.35. iShares U.S. Technology ETF has a 1 year low of $172.54 and a 1 year high of $261.01.

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). The Index measures the performance of the technology sector of the United States equity market, and includes companies in the industry groups, such as software and computer services and technology hardware and equipment.