iShares U.S. Technology ETF $IYW Shares Sold by NewEdge Advisors LLC

NewEdge Advisors LLC trimmed its position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 1.4% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 180,228 shares of the exchange traded fund’s stock after selling 2,547 shares during the quarter. NewEdge Advisors LLC owned 0.18% of iShares U.S. Technology ETF worth $45,459,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the company. AQR Capital Management LLC increased its stake in iShares U.S. Technology ETF by 58.1% during the first quarter. AQR Capital Management LLC now owns 10,066 shares of the exchange traded fund’s stock worth $1,414,000 after purchasing an additional 3,699 shares during the period. Russell Investments Group Ltd. lifted its position in shares of iShares U.S. Technology ETF by 9.8% during the second quarter. Russell Investments Group Ltd. now owns 1,094 shares of the exchange traded fund’s stock worth $190,000 after purchasing an additional 98 shares in the last quarter. First Trust Advisors LP purchased a new position in shares of iShares U.S. Technology ETF in the second quarter valued at approximately $222,000. Main Street Financial Solutions LLC boosted its stake in shares of iShares U.S. Technology ETF by 95.7% in the second quarter. Main Street Financial Solutions LLC now owns 2,851 shares of the exchange traded fund’s stock valued at $494,000 after purchasing an additional 1,394 shares during the period. Finally, Ieq Capital LLC grew its holdings in shares of iShares U.S. Technology ETF by 0.8% in the second quarter. Ieq Capital LLC now owns 20,844 shares of the exchange traded fund’s stock valued at $3,612,000 after purchasing an additional 166 shares in the last quarter. 57.65% of the stock is owned by institutional investors and hedge funds.

iShares U.S. Technology ETF Stock Performance

Shares of IYW stock opened at $252.88 on Thursday. iShares U.S. Technology ETF has a fifty-two week low of $172.54 and a fifty-two week high of $261.01. The company has a 50 day moving average price of $246.80 and a 200 day moving average price of $227.73. The stock has a market capitalization of $25.05 billion, a P/E ratio of 34.95 and a beta of 1.36.

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.