IHT Wealth Management LLC Reduces Holdings in iShares U.S. Technology ETF $IYW

IHT Wealth Management LLC reduced its stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 32.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 52,716 shares of the exchange traded fund’s stock after selling 25,315 shares during the period. IHT Wealth Management LLC’s holdings in iShares U.S. Technology ETF were worth $10,526,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Compound Planning Inc. grew its holdings in iShares U.S. Technology ETF by 10.7% during the 3rd quarter. Compound Planning Inc. now owns 135,021 shares of the exchange traded fund’s stock worth $26,445,000 after acquiring an additional 13,045 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in iShares U.S. Technology ETF by 34.4% during the 4th quarter. JPMorgan Chase & Co. now owns 4,033,291 shares of the exchange traded fund’s stock worth $805,368,000 after acquiring an additional 1,031,871 shares in the last quarter. Clear Creek Financial Management LLC grew its holdings in iShares U.S. Technology ETF by 32.2% during the 3rd quarter. Clear Creek Financial Management LLC now owns 11,842 shares of the exchange traded fund’s stock worth $2,319,000 after acquiring an additional 2,882 shares in the last quarter. Bartlett & CO. Wealth Management LLC grew its holdings in iShares U.S. Technology ETF by 20.6% during the 4th quarter. Bartlett & CO. Wealth Management LLC now owns 42,286 shares of the exchange traded fund’s stock worth $8,444,000 after acquiring an additional 7,217 shares in the last quarter. Finally, ASL Financial LLC acquired a new position in iShares U.S. Technology ETF during the 4th quarter worth $718,000. 57.65% of the stock is owned by institutional investors and hedge funds.

iShares U.S. Technology ETF Price Performance

Shares of IYW stock opened at $246.39 on Thursday. The firm has a market cap of $24.23 billion, a P/E ratio of 34.95 and a beta of 1.36. iShares U.S. Technology ETF has a 1-year low of $162.98 and a 1-year high of $261.01. The firm has a fifty day moving average of $230.20 and a two-hundred day moving average of $207.37.

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.