Fifth Third Wealth Advisors LLC Decreases Holdings in iShares U.S. Technology ETF $IYW

Fifth Third Wealth Advisors LLC cut its holdings in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 20.6% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 9,490 shares of the exchange traded fund’s stock after selling 2,467 shares during the quarter. Fifth Third Wealth Advisors LLC’s holdings in iShares U.S. Technology ETF were worth $1,644,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the business. Wealthstar Advisors LLC increased its position in shares of iShares U.S. Technology ETF by 144.4% during the 2nd quarter. Wealthstar Advisors LLC now owns 20,897 shares of the exchange traded fund’s stock valued at $3,621,000 after purchasing an additional 12,346 shares during the last quarter. Gilliland Jeter Wealth Management LLC increased its position in shares of iShares U.S. Technology ETF by 3.7% during the 2nd quarter. Gilliland Jeter Wealth Management LLC now owns 23,014 shares of the exchange traded fund’s stock valued at $3,988,000 after purchasing an additional 828 shares during the last quarter. WMG Financial Advisors LLC purchased a new stake in shares of iShares U.S. Technology ETF during the 2nd quarter valued at $209,000. MA Private Wealth increased its position in shares of iShares U.S. Technology ETF by 0.7% during the 2nd quarter. MA Private Wealth now owns 120,144 shares of the exchange traded fund’s stock valued at $20,817,000 after purchasing an additional 778 shares during the last quarter. Finally, Blair William & Co. IL increased its position in shares of iShares U.S. Technology ETF by 3.0% during the 2nd quarter. Blair William & Co. IL now owns 31,641 shares of the exchange traded fund’s stock valued at $5,482,000 after purchasing an additional 933 shares during the last quarter. 57.65% of the stock is owned by hedge funds and other institutional investors.

iShares U.S. Technology ETF Price Performance

Shares of iShares U.S. Technology ETF stock opened at $192.80 on Friday. iShares U.S. Technology ETF has a 1 year low of $117.55 and a 1 year high of $201.50. The firm has a market cap of $20.47 billion, a PE ratio of 34.95 and a beta of 1.15. The stock has a fifty day moving average price of $187.90 and a 200-day moving average price of $167.96.

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).