Commonwealth Equity Services LLC Sells 56,880 Shares of iShares U.S. Technology ETF (NYSEARCA:IYW)

Commonwealth Equity Services LLC lessened its stake in iShares U.S. Technology ETF (NYSEARCA:IYW) by 6.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 859,435 shares of the exchange traded fund’s stock after selling 56,880 shares during the quarter. Commonwealth Equity Services LLC owned approximately 0.70% of iShares U.S. Technology ETF worth $130,307,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in IYW. Dynasty Wealth Management LLC acquired a new stake in shares of iShares U.S. Technology ETF in the first quarter valued at approximately $119,223,000. 1832 Asset Management L.P. lifted its holdings in iShares U.S. Technology ETF by 173.9% during the 2nd quarter. 1832 Asset Management L.P. now owns 1,022,598 shares of the exchange traded fund’s stock valued at $153,901,000 after purchasing an additional 649,192 shares during the last quarter. Hsbc Holdings PLC boosted its position in iShares U.S. Technology ETF by 1,170.2% during the second quarter. Hsbc Holdings PLC now owns 572,587 shares of the exchange traded fund’s stock worth $86,174,000 after purchasing an additional 527,510 shares during the period. Cetera Investment Advisers increased its holdings in shares of iShares U.S. Technology ETF by 131.6% in the first quarter. Cetera Investment Advisers now owns 743,002 shares of the exchange traded fund’s stock valued at $100,350,000 after purchasing an additional 422,212 shares during the last quarter. Finally, Sanctuary Advisors LLC acquired a new position in shares of iShares U.S. Technology ETF in the second quarter valued at $57,410,000.

iShares U.S. Technology ETF Stock Up 0.4 %

Shares of NYSEARCA IYW traded up $0.57 during mid-day trading on Friday, reaching $155.20. 362,887 shares of the company were exchanged, compared to its average volume of 864,935. iShares U.S. Technology ETF has a twelve month low of $100.84 and a twelve month high of $158.97. The company’s 50-day simple moving average is $148.35 and its 200-day simple moving average is $143.90. The stock has a market capitalization of $19.07 billion, a P/E ratio of 38.84 and a beta of 1.43.

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).