iShares U.S. Technology ETF $IYW Shares Sold by JFS Wealth Advisors LLC

JFS Wealth Advisors LLC cut its stake in iShares U.S. Technology ETF (NYSEARCA:IYW) by 45.2% in the 3rd quarter, HoldingsChannel reports. The fund owned 9,102 shares of the exchange traded fund’s stock after selling 7,504 shares during the period. JFS Wealth Advisors LLC’s holdings in iShares U.S. Technology ETF were worth $1,783,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Principal Financial Group Inc. increased its position in shares of iShares U.S. Technology ETF by 99.1% during the 3rd quarter. Principal Financial Group Inc. now owns 107,427 shares of the exchange traded fund’s stock valued at $21,041,000 after purchasing an additional 53,466 shares during the period. Compound Planning Inc. boosted its stake in iShares U.S. Technology ETF by 10.7% during the third quarter. Compound Planning Inc. now owns 135,021 shares of the exchange traded fund’s stock valued at $26,445,000 after buying an additional 13,045 shares in the last quarter. Clear Creek Financial Management LLC grew its holdings in iShares U.S. Technology ETF by 32.2% during the third 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 during the period. Ashton Thomas Securities LLC bought a new stake in iShares U.S. Technology ETF in the third quarter worth about $1,093,000. Finally, HB Wealth Management LLC lifted its holdings in iShares U.S. Technology ETF by 48.2% in the 3rd quarter. HB Wealth Management LLC now owns 16,713 shares of the exchange traded fund’s stock valued at $3,274,000 after acquiring an additional 5,439 shares during the last quarter. Institutional investors own 57.65% of the company’s stock.

iShares U.S. Technology ETF Trading Up 1.3%

NYSEARCA:IYW opened at $192.22 on Wednesday. The company has a 50-day moving average of $197.75 and a 200-day moving average of $195.68. The firm has a market cap of $20.12 billion, a price-to-earnings ratio of 34.95 and a beta of 1.23. iShares U.S. Technology ETF has a twelve month low of $117.55 and a twelve month 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.