Wealthcare Advisory Partners LLC Sells 2,613 Shares of iShares U.S. Technology ETF $IYW

Wealthcare Advisory Partners LLC reduced its holdings in iShares U.S. Technology ETF (NYSEARCA:IYW) by 38.7% during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 4,135 shares of the exchange traded fund’s stock after selling 2,613 shares during the quarter. Wealthcare Advisory Partners LLC’s holdings in iShares U.S. Technology ETF were worth $1,043,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. AQR Capital Management LLC increased its position in shares of iShares U.S. Technology ETF by 58.1% in the first quarter. AQR Capital Management LLC now owns 10,066 shares of the exchange traded fund’s stock worth $1,414,000 after purchasing an additional 3,699 shares during the last quarter. Russell Investments Group Ltd. lifted its position in iShares U.S. Technology ETF by 9.8% during the second quarter. Russell Investments Group Ltd. now owns 1,094 shares of the exchange traded fund’s stock valued at $190,000 after purchasing an additional 98 shares during the last quarter. First Trust Advisors LP bought a new stake in iShares U.S. Technology ETF during the second quarter valued at approximately $222,000. Main Street Financial Solutions LLC lifted its position in 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 valued at $494,000 after purchasing an additional 1,394 shares during the last quarter. Finally, Ieq Capital LLC grew its stake in 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 worth $3,612,000 after buying an additional 166 shares in the last quarter. Hedge funds and other institutional investors own 57.65% of the company’s stock.

iShares U.S. Technology ETF Price Performance

Shares of NYSEARCA:IYW opened at $255.50 on Friday. The company’s fifty day moving average price is $245.48 and its 200-day moving average price is $220.59. The firm has a market capitalization of $25.31 billion, a price-to-earnings ratio of 34.95 and a beta of 1.36. iShares U.S. Technology ETF has a one year low of $172.54 and a one year high of $261.01.

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.