Three Seasons Wealth LLC Reduces Holdings in iShares U.S. Technology ETF $IYW

Three Seasons Wealth LLC lowered its position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 96.5% during the first quarter, Holdings Channel reports. The firm owned 1,709 shares of the exchange traded fund’s stock after selling 47,356 shares during the quarter. Three Seasons Wealth LLC’s holdings in iShares U.S. Technology ETF were worth $310,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also made changes to their positions in the company. AQR Capital Management LLC increased its position in iShares U.S. Technology ETF by 58.1% during the first quarter. AQR Capital Management LLC now owns 10,066 shares of the exchange traded fund’s stock worth $1,414,000 after buying an additional 3,699 shares during the period. Russell Investments Group Ltd. boosted its holdings in shares of iShares U.S. Technology ETF by 9.8% in the second quarter. Russell Investments Group Ltd. now owns 1,094 shares of the exchange traded fund’s stock valued at $190,000 after acquiring an additional 98 shares during the period. First Trust Advisors LP purchased a new position in shares of iShares U.S. Technology ETF during the second quarter worth approximately $222,000. Main Street Financial Solutions LLC grew its position in shares of iShares U.S. Technology ETF by 95.7% during the second quarter. Main Street Financial Solutions LLC now owns 2,851 shares of the exchange traded fund’s stock worth $494,000 after acquiring an additional 1,394 shares during the last quarter. Finally, Ieq Capital LLC increased its holdings in shares of iShares U.S. Technology ETF by 0.8% in the 2nd quarter. Ieq Capital LLC now owns 20,844 shares of the exchange traded fund’s stock valued at $3,612,000 after acquiring an additional 166 shares during the period. 57.65% of the stock is owned by hedge funds and other institutional investors.

iShares U.S. Technology ETF Price Performance

Shares of iShares U.S. Technology ETF stock opened at $242.70 on Friday. The firm’s fifty day simple moving average is $245.65 and its 200-day simple moving average is $214.19. iShares U.S. Technology ETF has a 12 month low of $172.54 and a 12 month high of $261.01. The stock has a market capitalization of $24.42 billion, a price-to-earnings ratio of 34.95 and a beta of 1.35.

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.