iShares U.S. Technology ETF $IYW Holdings Trimmed by KWB Wealth

KWB Wealth lowered its holdings in iShares U.S. Technology ETF (NYSEARCA:IYW) by 6.7% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 49,820 shares of the exchange traded fund’s stock after selling 3,586 shares during the period. iShares U.S. Technology ETF makes up 1.1% of KWB Wealth’s portfolio, making the stock its 22nd biggest position. KWB Wealth’s holdings in iShares U.S. Technology ETF were worth $9,758,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of IYW. Laurel Wealth Advisors LLC grew its stake in iShares U.S. Technology ETF by 18,553.4% in the second quarter. Laurel Wealth Advisors LLC now owns 3,690,017 shares of the exchange traded fund’s stock valued at $639,369,000 after purchasing an additional 3,670,235 shares in the last quarter. The Manufacturers Life Insurance Company grew its stake in shares of iShares U.S. Technology ETF by 113.3% in the 1st 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 buying an additional 542,816 shares in the last quarter. Hsbc Holdings PLC grew its stake in shares of iShares U.S. Technology ETF by 52.6% in the 2nd quarter. Hsbc Holdings PLC now owns 1,164,822 shares of the exchange traded fund’s stock valued at $201,829,000 after buying an additional 401,472 shares in the last quarter. Parker Investment Management LLC increased its holdings in iShares U.S. Technology ETF by 126.4% in the second quarter. Parker Investment Management LLC now owns 700,717 shares of the exchange traded fund’s stock worth $121,413,000 after buying an additional 391,273 shares during the last quarter. Finally, Pinkerton Wealth LLC bought a new position in iShares U.S. Technology ETF during the second quarter valued at approximately $34,296,000. 57.65% of the stock is owned by institutional investors and hedge funds.

iShares U.S. Technology ETF Stock Down 2.1%

NYSEARCA IYW opened at $193.00 on Thursday. The stock has a market capitalization of $20.81 billion, a PE ratio of 34.95 and a beta of 1.23. iShares U.S. Technology ETF has a 12-month low of $117.55 and a 12-month high of $211.98. The company has a 50 day moving average price of $199.98 and a two-hundred day moving average price of $186.95.

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).