Integrated Wealth Concepts LLC Sells 11,422 Shares of iShares U.S. Technology ETF $IYW

Integrated Wealth Concepts LLC decreased its stake in iShares U.S. Technology ETF (NYSEARCA:IYW) by 10.6% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 95,969 shares of the exchange traded fund’s stock after selling 11,422 shares during the period. Integrated Wealth Concepts LLC owned 0.10% of iShares U.S. Technology ETF worth $24,206,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the company. JPMorgan Chase & Co. raised its position in shares of iShares U.S. Technology ETF by 34.4% in the fourth quarter. JPMorgan Chase & Co. now owns 4,033,291 shares of the exchange traded fund’s stock valued at $805,368,000 after buying an additional 1,031,871 shares in the last quarter. Pinkerton Wealth LLC grew its position in iShares U.S. Technology ETF by 2.0% during the fourth quarter. Pinkerton Wealth LLC now owns 203,871 shares of the exchange traded fund’s stock worth $40,709,000 after buying an additional 3,943 shares in the last quarter. Tennessee Valley Asset Management Partners increased its stake in iShares U.S. Technology ETF by 18.4% during the 4th quarter. Tennessee Valley Asset Management Partners now owns 17,697 shares of the exchange traded fund’s stock worth $3,534,000 after acquiring an additional 2,750 shares during the period. Allen Investment Management LLC increased its stake in iShares U.S. Technology ETF by 94.1% during the 4th quarter. Allen Investment Management LLC now owns 10,606 shares of the exchange traded fund’s stock worth $2,118,000 after acquiring an additional 5,142 shares during the period. Finally, Goodman Advisory Group LLC acquired a new position in iShares U.S. Technology ETF in the 1st quarter valued at $510,000. 57.65% of the stock is currently owned by institutional investors.

iShares U.S. Technology ETF Stock Performance

NYSEARCA:IYW opened at $253.08 on Wednesday. The stock has a fifty day moving average price of $246.71 and a 200-day moving average price of $227.30. The company has a market cap of $25.07 billion, a price-to-earnings ratio of 34.95 and a beta of 1.36. iShares U.S. Technology ETF has a fifty-two week low of $172.54 and a fifty-two week high of $261.01.

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.