iShares U.S. Technology ETF $IYW Shares Sold by NorthRock Partners LLC

NorthRock Partners LLC lessened its stake in iShares U.S. Technology ETF (NYSEARCA:IYW) by 23.6% in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 11,188 shares of the exchange traded fund’s stock after selling 3,463 shares during the quarter. NorthRock Partners LLC’s holdings in iShares U.S. Technology ETF were worth $2,822,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in IYW. Baird Financial Group Inc. grew its position in shares of iShares U.S. Technology ETF by 2.3% in the second quarter. Baird Financial Group Inc. now owns 39,370 shares of the exchange traded fund’s stock valued at $9,930,000 after purchasing an additional 881 shares during the period. One Charles Private Wealth Services LLC lifted its stake in iShares U.S. Technology ETF by 18.1% in the 2nd quarter. One Charles Private Wealth Services LLC now owns 2,224 shares of the exchange traded fund’s stock valued at $561,000 after buying an additional 341 shares in the last quarter. XY Planning Network Inc. lifted its stake in iShares U.S. Technology ETF by 70.2% in the 2nd quarter. XY Planning Network Inc. now owns 2,446 shares of the exchange traded fund’s stock valued at $617,000 after buying an additional 1,009 shares in the last quarter. Waverly Advisors LLC boosted its holdings in iShares U.S. Technology ETF by 4.5% in the 2nd quarter. Waverly Advisors LLC now owns 15,411 shares of the exchange traded fund’s stock worth $3,887,000 after buying an additional 657 shares during the last quarter. Finally, Ameritas Advisory Services LLC increased its stake in iShares U.S. Technology ETF by 19.7% during the 2nd quarter. Ameritas Advisory Services LLC now owns 28,600 shares of the exchange traded fund’s stock worth $7,214,000 after buying an additional 4,707 shares in the last quarter. 57.65% of the stock is owned by hedge funds and other institutional investors.

iShares U.S. Technology ETF Price Performance

Shares of iShares U.S. Technology ETF stock opened at $252.88 on Thursday. The business has a 50 day simple moving average of $246.80 and a two-hundred day simple moving average of $227.73. iShares U.S. Technology ETF has a 12 month low of $172.54 and a 12 month high of $261.01. The stock has a market capitalization of $25.05 billion, a P/E ratio of 34.95 and a beta of 1.36.

iShares U.S. Technology ETF 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). 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.