iShares U.S. Technology ETF $IYW Shares Sold by First Heartland Consultants Inc.

First Heartland Consultants Inc. cut its holdings in iShares U.S. Technology ETF (NYSEARCA:IYW) by 15.2% in the third quarter, HoldingsChannel reports. The institutional investor owned 32,357 shares of the exchange traded fund’s stock after selling 5,817 shares during the quarter. First Heartland Consultants Inc.’s holdings in iShares U.S. Technology ETF were worth $6,337,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of IYW. Compound Planning Inc. raised its position in shares of iShares U.S. Technology ETF by 10.7% in the 3rd quarter. Compound Planning Inc. now owns 135,021 shares of the exchange traded fund’s stock valued at $26,445,000 after purchasing an additional 13,045 shares during the last quarter. Stonebrook Private Inc. grew its position in iShares U.S. Technology ETF by 16.5% during the 3rd quarter. Stonebrook Private Inc. now owns 19,836 shares of the exchange traded fund’s stock worth $3,885,000 after purchasing an additional 2,814 shares during the last quarter. Avalon Trust Co acquired a new position in iShares U.S. Technology ETF during the 3rd quarter valued at approximately $487,000. Kovitz Investment Group Partners LLC raised its holdings in shares of iShares U.S. Technology ETF by 8.1% in the third quarter. Kovitz Investment Group Partners LLC now owns 268,224 shares of the exchange traded fund’s stock worth $52,534,000 after buying an additional 20,037 shares during the last quarter. Finally, Bleakley Financial Group LLC raised its holdings in shares of iShares U.S. Technology ETF by 3.0% in the third quarter. Bleakley Financial Group LLC now owns 48,853 shares of the exchange traded fund’s stock worth $9,568,000 after buying an additional 1,412 shares during the last quarter. Hedge funds and other institutional investors own 57.65% of the company’s stock.

iShares U.S. Technology ETF Price Performance

Shares of IYW opened at $189.80 on Tuesday. The company’s fifty day moving average price is $197.84 and its 200-day moving average price is $195.62. iShares U.S. Technology ETF has a 1-year low of $117.55 and a 1-year high of $211.98. The firm has a market capitalization of $19.86 billion, a PE ratio of 34.95 and a beta of 1.23.

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). 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.