Moloney Securities Asset Management LLC Sells 4,707 Shares of iShares U.S. Technology ETF (NYSEARCA:IYW)

Moloney Securities Asset Management LLC decreased its position in iShares U.S. Technology ETF (NYSEARCA:IYW) by 6.7% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 65,951 shares of the exchange traded fund’s stock after selling 4,707 shares during the quarter. iShares U.S. Technology ETF accounts for about 1.3% of Moloney Securities Asset Management LLC’s investment portfolio, making the stock its 10th largest holding. Moloney Securities Asset Management LLC owned approximately 0.05% of iShares U.S. Technology ETF worth $9,999,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the company. Envestnet Asset Management Inc. increased its stake in shares of iShares U.S. Technology ETF by 3.2% in the second quarter. Envestnet Asset Management Inc. now owns 11,813,520 shares of the exchange traded fund’s stock worth $1,777,935,000 after buying an additional 371,517 shares during the last quarter. International Assets Investment Management LLC raised its stake in shares of iShares U.S. Technology ETF by 29,435.7% in the 3rd quarter. International Assets Investment Management LLC now owns 3,190,156 shares of the exchange traded fund’s stock valued at $483,691,000 after purchasing an additional 3,179,355 shares in the last quarter. Envestnet Portfolio Solutions Inc. raised its stake in shares of iShares U.S. Technology ETF by 2.2% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 1,390,175 shares of the exchange traded fund’s stock valued at $209,221,000 after purchasing an additional 30,147 shares in the last quarter. Park Avenue Securities LLC grew its stake in iShares U.S. Technology ETF by 1.3% in the second quarter. Park Avenue Securities LLC now owns 1,068,282 shares of the exchange traded fund’s stock worth $160,776,000 after purchasing an additional 13,629 shares in the last quarter. Finally, Parker Investment Management LLC increased its holdings in iShares U.S. Technology ETF by 44.6% in the second quarter. Parker Investment Management LLC now owns 1,067,765 shares of the exchange traded fund’s stock valued at $160,699,000 after buying an additional 329,161 shares during the last quarter.

iShares U.S. Technology ETF Price Performance

Shares of IYW opened at $151.41 on Tuesday. iShares U.S. Technology ETF has a 12-month low of $108.24 and a 12-month high of $158.97. The business’s fifty day moving average price is $149.91 and its 200 day moving average price is $145.56. The stock has a market capitalization of $18.60 billion, a PE 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).