BridgePort Financial Solutions LLC Sells 1,317 Shares of iShares U.S. Technology ETF $IYW

BridgePort Financial Solutions LLC lessened its holdings in iShares U.S. Technology ETF (NYSEARCA:IYW) by 6.7% during the 2nd quarter, Holdings Channel.com reports. The firm owned 18,384 shares of the exchange traded fund’s stock after selling 1,317 shares during the period. iShares U.S. Technology ETF makes up about 1.1% of BridgePort Financial Solutions LLC’s investment portfolio, making the stock its 26th largest position. BridgePort Financial Solutions LLC’s holdings in iShares U.S. Technology ETF were worth $3,185,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in IYW. SeaCrest Wealth Management LLC lifted its stake in shares of iShares U.S. Technology ETF by 2.6% in the 1st quarter. SeaCrest Wealth Management LLC now owns 9,184 shares of the exchange traded fund’s stock worth $1,290,000 after purchasing an additional 234 shares during the period. Perkins Coie Trust Co lifted its stake in shares of iShares U.S. Technology ETF by 1.6% in the 1st quarter. Perkins Coie Trust Co now owns 51,746 shares of the exchange traded fund’s stock worth $7,267,000 after purchasing an additional 822 shares during the period. ONE Advisory Partners LLC lifted its stake in shares of iShares U.S. Technology ETF by 4.3% in the 1st quarter. ONE Advisory Partners LLC now owns 49,126 shares of the exchange traded fund’s stock worth $6,899,000 after purchasing an additional 2,038 shares during the period. Buttonwood Financial Group LLC lifted its stake in shares of iShares U.S. Technology ETF by 3.6% in the 1st quarter. Buttonwood Financial Group LLC now owns 73,709 shares of the exchange traded fund’s stock worth $9,792,000 after purchasing an additional 2,577 shares during the period. Finally, Patriot Financial Group Insurance Agency LLC lifted its stake in shares of iShares U.S. Technology ETF by 4.1% in the 1st quarter. Patriot Financial Group Insurance Agency LLC now owns 14,274 shares of the exchange traded fund’s stock worth $2,005,000 after purchasing an additional 562 shares during the period. Institutional investors own 57.65% of the company’s stock.

iShares U.S. Technology ETF Stock Down 0.5%

Shares of NYSEARCA:IYW opened at $197.46 on Friday. iShares U.S. Technology ETF has a twelve month low of $117.55 and a twelve month high of $199.31. The stock has a market capitalization of $21.27 billion, a PE ratio of 34.95 and a beta of 1.15. The firm’s 50 day moving average price is $186.11 and its 200-day moving average price is $166.20.

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).