Vertex Planning Partners LLC Sells 5,185 Shares of iShares U.S. Technology ETF $IYW

Vertex Planning Partners LLC reduced its stake in iShares U.S. Technology ETF (NYSEARCA:IYW) by 39.1% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 8,088 shares of the exchange traded fund’s stock after selling 5,185 shares during the period. Vertex Planning Partners LLC’s holdings in iShares U.S. Technology ETF were worth $1,584,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the stock. Laurel Wealth Advisors LLC boosted 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 worth $639,369,000 after purchasing an additional 3,670,235 shares in the last quarter. UBS Group AG raised its holdings in iShares U.S. Technology ETF by 4.0% in the third quarter. UBS Group AG now owns 1,882,618 shares of the exchange traded fund’s stock worth $368,730,000 after buying an additional 72,485 shares during the last quarter. Raymond James Financial Inc. lifted its stake 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 in the last quarter. Hsbc Holdings PLC lifted its stake 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 in the last quarter. Finally, 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 during the last quarter. Hedge funds and other institutional investors own 57.65% of the company’s stock.

iShares U.S. Technology ETF Stock Up 0.5%

Shares of IYW opened at $190.81 on Wednesday. The company has a market capitalization of $19.97 billion, a P/E ratio of 34.95 and a beta of 1.23. The firm has a 50 day moving average of $194.90 and a 200 day moving average of $196.56. 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.