Vantage Point Financial LLC Trims Stake in iShares U.S. Technology ETF $IYW

Vantage Point Financial LLC lessened its position in iShares U.S. Technology ETF (NYSEARCA:IYW) by 77.8% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,118 shares of the exchange traded fund’s stock after selling 3,916 shares during the quarter. Vantage Point Financial LLC’s holdings in iShares U.S. Technology ETF were worth $219,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Laurel Wealth Advisors LLC lifted its stake in iShares U.S. Technology ETF by 18,553.4% in the second 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 during the last quarter. Raymond James Financial Inc. raised 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 worth $276,993,000 after buying an additional 97,389 shares during the period. Hsbc Holdings PLC lifted its stake in shares of iShares U.S. Technology ETF by 52.6% during the 2nd quarter. Hsbc Holdings PLC now owns 1,164,822 shares of the exchange traded fund’s stock worth $201,829,000 after acquiring an additional 401,472 shares during the last quarter. Ameriprise Financial Inc. lifted its position 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 worth $200,481,000 after purchasing an additional 27,056 shares during the last quarter. Finally, RiverFront Investment Group LLC boosted its stake in shares of 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 purchasing an additional 23,387 shares during the period. 57.65% of the stock is owned by hedge funds and other institutional investors.

iShares U.S. Technology ETF Trading Up 1.0%

NYSEARCA IYW opened at $201.75 on Monday. The stock has a market cap of $21.23 billion, a PE ratio of 34.95 and a beta of 1.23. iShares U.S. Technology ETF has a 12 month low of $117.55 and a 12 month high of $211.98. The company’s 50-day moving average price is $199.93 and its 200-day moving average price is $191.47.

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.