CFS Investment Advisory Services LLC Sells 3,786 Shares of iShares U.S. Technology ETF (NYSEARCA:IYW)

CFS Investment Advisory Services LLC lessened its stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 3.5% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 103,027 shares of the exchange traded fund’s stock after selling 3,786 shares during the period. iShares U.S. Technology ETF accounts for 1.3% of CFS Investment Advisory Services LLC’s holdings, making the stock its 18th largest position. CFS Investment Advisory Services LLC’s holdings in iShares U.S. Technology ETF were worth $15,621,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also bought and sold shares of IYW. International Assets Investment Management LLC boosted 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. Dynasty Wealth Management LLC bought a new stake in iShares U.S. Technology ETF during the first quarter worth about $119,223,000. 1832 Asset Management L.P. increased its holdings in shares of iShares U.S. Technology ETF by 173.9% during the second quarter. 1832 Asset Management L.P. now owns 1,022,598 shares of the exchange traded fund’s stock worth $153,901,000 after buying an additional 649,192 shares in the last quarter. Hsbc Holdings PLC raised its stake in shares of iShares U.S. Technology ETF by 1,170.2% in the second quarter. Hsbc Holdings PLC now owns 572,587 shares of the exchange traded fund’s stock valued at $86,174,000 after acquiring an additional 527,510 shares during the last quarter. Finally, Cetera Investment Advisers boosted its holdings in shares of iShares U.S. Technology ETF by 131.6% in the 1st quarter. Cetera Investment Advisers now owns 743,002 shares of the exchange traded fund’s stock worth $100,350,000 after acquiring an additional 422,212 shares in the last quarter.

iShares U.S. Technology ETF Stock Performance

Shares of IYW opened at $158.97 on Friday. The company has a market cap of $19.53 billion, a price-to-earnings ratio of 38.84 and a beta of 1.43. The stock has a fifty day moving average price of $153.81 and a two-hundred day moving average price of $148.18. iShares U.S. Technology ETF has a 52-week low of $114.84 and a 52-week high of $161.49.

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).