Quotient Wealth Partners LLC Decreases Stock Holdings in iShares U.S. Technology ETF $IYW

Quotient Wealth Partners LLC lowered its position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 3.7% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 368,681 shares of the exchange traded fund’s stock after selling 14,296 shares during the period. iShares U.S. Technology ETF comprises about 2.0% of Quotient Wealth Partners LLC’s investment portfolio, making the stock its 15th biggest holding. Quotient Wealth Partners LLC’s holdings in iShares U.S. Technology ETF were worth $72,210,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the company. Russell Investments Group Ltd. raised its stake in shares of iShares U.S. Technology ETF by 28.5% during the first quarter. Russell Investments Group Ltd. now owns 996 shares of the exchange traded fund’s stock valued at $140,000 after acquiring an additional 221 shares during the last quarter. Kovitz Investment Group Partners LLC increased its holdings in iShares U.S. Technology ETF by 32.7% during the 1st quarter. Kovitz Investment Group Partners LLC now owns 2,177 shares of the exchange traded fund’s stock valued at $306,000 after purchasing an additional 536 shares during the period. Summit Financial LLC raised its position in iShares U.S. Technology ETF by 84.2% during the 1st quarter. Summit Financial LLC now owns 2,909 shares of the exchange traded fund’s stock valued at $409,000 after purchasing an additional 1,330 shares during the last quarter. Barnes Wealth Management Group Inc lifted its holdings in iShares U.S. Technology ETF by 3.7% in the 1st quarter. Barnes Wealth Management Group Inc now owns 11,081 shares of the exchange traded fund’s stock worth $1,556,000 after buying an additional 391 shares during the period. Finally, Compound Planning Inc. lifted its holdings in iShares U.S. Technology ETF by 11.6% in the 1st quarter. Compound Planning Inc. now owns 114,734 shares of the exchange traded fund’s stock worth $16,113,000 after buying an additional 11,893 shares during the period. Institutional investors own 57.65% of the company’s stock.

iShares U.S. Technology ETF Stock Performance

IYW opened at $199.75 on Friday. iShares U.S. Technology ETF has a 52-week low of $117.55 and a 52-week high of $211.98. The stock has a market capitalization of $21.53 billion, a PE ratio of 34.95 and a beta of 1.23. The stock’s 50 day moving average price is $200.03 and its 200-day moving average price is $187.29.

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.