Sigma Planning Corp Trims Stake in iShares U.S. Technology ETF $IYW

Sigma Planning Corp reduced its stake in iShares U.S. Technology ETF (NYSEARCA:IYW) by 3.2% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 39,448 shares of the exchange traded fund’s stock after selling 1,287 shares during the period. Sigma Planning Corp’s holdings in iShares U.S. Technology ETF were worth $6,835,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Harbor Asset Planning Inc. bought a new position in shares of iShares U.S. Technology ETF in the 2nd quarter worth approximately $27,000. Bogart Wealth LLC grew its stake in iShares U.S. Technology ETF by 189.3% in the second quarter. Bogart Wealth LLC now owns 162 shares of the exchange traded fund’s stock worth $28,000 after purchasing an additional 106 shares during the period. Park Square Financial Group LLC raised its holdings in iShares U.S. Technology ETF by 588.2% in the first quarter. Park Square Financial Group LLC now owns 234 shares of the exchange traded fund’s stock worth $33,000 after purchasing an additional 200 shares in the last quarter. Accredited Wealth Management LLC purchased a new position in iShares U.S. Technology ETF during the first quarter valued at $33,000. Finally, Private Wealth Asset Management LLC bought a new stake in shares of iShares U.S. Technology ETF during the 2nd quarter valued at $39,000. 57.65% of the stock is owned by institutional investors.

iShares U.S. Technology ETF Price Performance

NYSEARCA:IYW opened at $207.92 on Monday. The firm’s 50-day moving average price is $193.72 and its 200-day moving average price is $175.51. The company has a market capitalization of $22.20 billion, a PE ratio of 34.95 and a beta of 1.23. iShares U.S. Technology ETF has a 1-year low of $117.55 and a 1-year high of $211.98.

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).