iShares U.S. Technology ETF $IYW Stock Holdings Decreased by Optivise Advisory Services LLC

Optivise Advisory Services LLC lessened its position in iShares U.S. Technology ETF (NYSEARCA:IYW) by 52.1% in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 2,503 shares of the exchange traded fund’s stock after selling 2,725 shares during the quarter. Optivise Advisory Services LLC’s holdings in iShares U.S. Technology ETF were worth $490,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Laurel Wealth Advisors LLC grew its position in iShares U.S. Technology ETF by 18,553.4% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 3,690,017 shares of the exchange traded fund’s stock worth $639,369,000 after purchasing an additional 3,670,235 shares in the last quarter. Raymond James Financial Inc. lifted its holdings in shares of iShares U.S. Technology ETF by 6.5% in the second quarter. Raymond James Financial Inc. now owns 1,598,623 shares of the exchange traded fund’s stock valued at $276,993,000 after purchasing an additional 97,389 shares in the last quarter. Hsbc Holdings PLC boosted its position in shares of iShares U.S. Technology ETF by 52.6% in the second quarter. Hsbc Holdings PLC now owns 1,164,822 shares of the exchange traded fund’s stock worth $201,829,000 after buying an additional 401,472 shares during the period. Ameriprise Financial Inc. grew its holdings in shares of iShares U.S. Technology ETF by 2.4% during the second quarter. Ameriprise Financial Inc. now owns 1,156,536 shares of the exchange traded fund’s stock valued at $200,481,000 after buying an additional 27,056 shares in the last quarter. Finally, RiverFront Investment Group LLC raised its position in iShares U.S. Technology ETF by 2.8% during the second quarter. RiverFront Investment Group LLC now owns 861,595 shares of the exchange traded fund’s stock valued at $149,289,000 after buying an additional 23,387 shares during the period. Institutional investors and hedge funds own 57.65% of the company’s stock.

iShares U.S. Technology ETF Trading Up 0.1%

Shares of iShares U.S. Technology ETF stock opened at $202.92 on Monday. iShares U.S. Technology ETF has a 1 year low of $117.55 and a 1 year high of $211.98. The company has a market cap of $21.87 billion, a P/E ratio of 34.95 and a beta of 1.23. The stock has a 50-day moving average price of $200.61 and a 200 day moving average price of $189.00.

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.