iShares U.S. Technology ETF $IYW Shares Sold by Interchange Capital Partners LLC

Interchange Capital Partners LLC decreased its stake in iShares U.S. Technology ETF (NYSEARCA:IYW) by 44.9% during the 3rd quarter, Holdings Channel reports. The firm owned 4,781 shares of the exchange traded fund’s stock after selling 3,889 shares during the quarter. Interchange Capital Partners LLC’s holdings in iShares U.S. Technology ETF were worth $936,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of the stock. Laurel Wealth Advisors LLC lifted its stake in iShares U.S. Technology ETF by 18,553.4% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 3,690,017 shares of the exchange traded fund’s stock valued at $639,369,000 after buying an additional 3,670,235 shares in the last quarter. Raymond James Financial Inc. raised its holdings in shares of iShares U.S. Technology ETF by 6.5% during 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 acquiring an additional 97,389 shares during the last quarter. Hsbc Holdings PLC lifted 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 valued at $201,829,000 after acquiring an additional 401,472 shares in the last quarter. Ameriprise Financial Inc. boosted its stake in shares of iShares U.S. Technology ETF by 2.4% in the second quarter. Ameriprise Financial Inc. now owns 1,156,536 shares of the exchange traded fund’s stock worth $200,481,000 after acquiring an additional 27,056 shares during the last quarter. Finally, Dynasty Wealth Management LLC boosted its stake in shares of iShares U.S. Technology ETF by 6.1% in the third quarter. Dynasty Wealth Management LLC now owns 1,114,634 shares of the exchange traded fund’s stock worth $218,312,000 after acquiring an additional 64,136 shares during the last quarter. Hedge funds and other institutional investors own 57.65% of the company’s stock.

iShares U.S. Technology ETF Stock Performance

NYSEARCA IYW opened at $195.98 on Thursday. The business has a fifty day moving average price of $197.80 and a 200 day moving average price of $195.68. The company has a market cap of $20.51 billion, a P/E ratio of 34.95 and a beta of 1.23. iShares U.S. Technology ETF has a one year low of $117.55 and a one year high of $211.98.

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.