iShares U.S. Technology ETF $IYW Shares Sold by West Wealth Group LLC

West Wealth Group LLC trimmed its stake in iShares U.S. Technology ETF (NYSEARCA:IYW) by 84.0% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 11,396 shares of the exchange traded fund’s stock after selling 59,664 shares during the quarter. iShares U.S. Technology ETF accounts for approximately 0.5% of West Wealth Group LLC’s holdings, making the stock its 28th biggest holding. West Wealth Group LLC’s holdings in iShares U.S. Technology ETF were worth $2,240,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of IYW. Presilium Private Wealth LLC bought a new stake in iShares U.S. Technology ETF during the 2nd quarter valued at $203,000. Sigma Investment Counselors Inc. acquired a new position in shares of iShares U.S. Technology ETF during the second quarter valued at $224,000. Fort Washington Investment Advisors Inc. OH raised its stake in shares of iShares U.S. Technology ETF by 22.2% during the third quarter. Fort Washington Investment Advisors Inc. OH now owns 17,857 shares of the exchange traded fund’s stock valued at $3,497,000 after purchasing an additional 3,246 shares in the last quarter. Johnson Investment Counsel Inc. lifted its holdings in iShares U.S. Technology ETF by 10.6% in the second quarter. Johnson Investment Counsel Inc. now owns 56,687 shares of the exchange traded fund’s stock worth $9,822,000 after purchasing an additional 5,429 shares during the period. Finally, Gilliland Jeter Wealth Management LLC lifted its holdings in iShares U.S. Technology ETF by 3.7% in the second quarter. Gilliland Jeter Wealth Management LLC now owns 23,014 shares of the exchange traded fund’s stock worth $3,988,000 after purchasing an additional 828 shares during the period. Institutional investors own 57.65% of the company’s stock.

iShares U.S. Technology ETF Stock Up 1.0%

Shares of IYW opened at $201.75 on Monday. The firm has a market capitalization of $21.23 billion, a PE ratio of 34.95 and a beta of 1.23. The firm has a 50-day moving average price of $199.93 and a 200 day moving average price of $191.47. iShares U.S. Technology ETF has a 52-week low of $117.55 and a 52-week high of $211.98.

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.