Sagespring Wealth Partners LLC Sells 34,898 Shares of iShares U.S. Technology ETF $IYW

Sagespring Wealth Partners LLC lessened its position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 4.7% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 702,258 shares of the exchange traded fund’s stock after selling 34,898 shares during the quarter. iShares U.S. Technology ETF comprises about 1.1% of Sagespring Wealth Partners LLC’s investment portfolio, making the stock its 16th biggest holding. Sagespring Wealth Partners LLC’s holdings in iShares U.S. Technology ETF were worth $140,227,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in IYW. Human Investing LLC boosted its position in shares of iShares U.S. Technology ETF by 2.7% during the 3rd quarter. Human Investing LLC now owns 1,853 shares of the exchange traded fund’s stock valued at $363,000 after acquiring an additional 49 shares during the last quarter. Howard Capital Management Inc. grew its holdings in shares of 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 increased its position in iShares U.S. Technology ETF by 1.2% in the third quarter. Occidental Asset Management LLC now owns 4,860 shares of the exchange traded fund’s stock worth $952,000 after purchasing an additional 56 shares during the last quarter. Greenleaf Trust increased its position in iShares U.S. Technology ETF by 1.0% in the third quarter. Greenleaf Trust now owns 5,715 shares of the exchange traded fund’s stock worth $1,119,000 after purchasing an additional 58 shares during the last quarter. Finally, Oldfather Financial Services LLC raised its stake in iShares U.S. Technology ETF by 3.3% during the third quarter. Oldfather Financial Services LLC now owns 1,909 shares of the exchange traded fund’s stock valued at $374,000 after purchasing an additional 61 shares in the last quarter. Institutional investors own 57.65% of the company’s stock.

iShares U.S. Technology ETF Stock Down 2.2%

iShares U.S. Technology ETF stock opened at $184.48 on Friday. iShares U.S. Technology ETF has a 52-week low of $117.55 and a 52-week high of $211.98. The firm’s fifty day moving average is $194.05 and its 200 day moving average is $196.46. The company has a market cap of $19.31 billion, a price-to-earnings ratio of 34.95 and a beta of 1.23.

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). 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.