BridgePort Financial Solutions LLC Sells 5,121 Shares of iShares U.S. Technology ETF $IYW

BridgePort Financial Solutions LLC reduced its holdings in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 27.9% in the 3rd quarter, Holdings Channel.com reports. The fund owned 13,263 shares of the exchange traded fund’s stock after selling 5,121 shares during the period. BridgePort Financial Solutions LLC’s holdings in iShares U.S. Technology ETF were worth $2,598,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the stock. Human Investing LLC raised its holdings in shares of iShares U.S. Technology ETF by 2.7% in the 3rd quarter. Human Investing LLC now owns 1,853 shares of the exchange traded fund’s stock valued at $363,000 after purchasing an additional 49 shares during the period. Howard Capital Management Inc. raised its stake in iShares U.S. Technology ETF by 1.0% in the third quarter. Howard Capital Management Inc. now owns 5,403 shares of the exchange traded fund’s stock valued at $1,058,000 after purchasing an additional 54 shares in the last quarter. Occidental Asset Management LLC lifted its holdings in shares of iShares U.S. Technology ETF by 1.2% during the 3rd quarter. Occidental Asset Management LLC now owns 4,860 shares of the exchange traded fund’s stock worth $952,000 after acquiring an additional 56 shares during the period. Tsfg LLC boosted its holdings in shares of iShares U.S. Technology ETF by 35.4% in the 2nd quarter. Tsfg LLC now owns 222 shares of the exchange traded fund’s stock valued at $38,000 after purchasing an additional 58 shares in the last quarter. Finally, Greenleaf Trust boosted its stake in shares of iShares U.S. Technology ETF by 1.0% in the 3rd quarter. Greenleaf Trust now owns 5,715 shares of the exchange traded fund’s stock valued at $1,119,000 after purchasing an additional 58 shares in the last quarter. Institutional investors and hedge funds own 57.65% of the company’s stock.

iShares U.S. Technology ETF Trading Up 1.5%

Shares of IYW opened at $196.32 on Tuesday. The firm’s fifty day simple moving average is $199.81 and its two-hundred day simple moving average is $194.82. iShares U.S. Technology ETF has a 12 month low of $117.55 and a 12 month high of $211.98. The stock has a market capitalization of $20.54 billion, a P/E ratio of 34.95 and a beta of 1.23.

iShares U.S. Technology ETF Company 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). The Index measures the performance of the technology sector of the United States equity market, and includes companies in the industry groups, such as software and computer services and technology hardware and equipment.