Vantage Point Financial LLC Trims Stock Position in iShares U.S. Technology ETF $IYW

Vantage Point Financial LLC lessened its stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 12.8% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 5,034 shares of the exchange traded fund’s stock after selling 736 shares during the quarter. Vantage Point Financial LLC’s holdings in iShares U.S. Technology ETF were worth $872,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Hoey Investments Inc. lifted its holdings in iShares U.S. Technology ETF by 31.6% in the 2nd quarter. Hoey Investments Inc. now owns 250 shares of the exchange traded fund’s stock valued at $43,000 after purchasing an additional 60 shares in the last quarter. True Vision MN LLC lifted its holdings in iShares U.S. Technology ETF by 0.4% in the 1st quarter. True Vision MN LLC now owns 19,475 shares of the exchange traded fund’s stock valued at $2,735,000 after purchasing an additional 72 shares in the last quarter. Continuum Advisory LLC lifted its holdings in iShares U.S. Technology ETF by 11.4% in the 1st quarter. Continuum Advisory LLC now owns 750 shares of the exchange traded fund’s stock valued at $105,000 after purchasing an additional 77 shares in the last quarter. Resurgent Financial Advisors LLC lifted its holdings in iShares U.S. Technology ETF by 2.8% in the 1st quarter. Resurgent Financial Advisors LLC now owns 2,889 shares of the exchange traded fund’s stock valued at $406,000 after purchasing an additional 80 shares in the last quarter. Finally, NorthRock Partners LLC lifted its holdings in iShares U.S. Technology ETF by 1.5% in the 1st quarter. NorthRock Partners LLC now owns 5,576 shares of the exchange traded fund’s stock valued at $783,000 after purchasing an additional 83 shares in the last quarter. Hedge funds and other institutional investors own 57.65% of the company’s stock.

iShares U.S. Technology ETF Trading Down 0.1%

NYSEARCA:IYW opened at $200.61 on Friday. The firm has a market cap of $21.29 billion, a price-to-earnings ratio of 34.95 and a beta of 1.15. The company’s 50-day moving average is $187.59 and its two-hundred day moving average is $167.52. iShares U.S. Technology ETF has a 12-month low of $117.55 and a 12-month high of $201.00.

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).