WealthShield Partners LLC Sells 2,051 Shares of iShares U.S. Technology ETF $IYW

WealthShield Partners LLC lessened its stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 47.2% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 2,294 shares of the exchange traded fund’s stock after selling 2,051 shares during the quarter. WealthShield Partners LLC’s holdings in iShares U.S. Technology ETF were worth $416,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. CWA Asset Management Group LLC raised its holdings in iShares U.S. Technology ETF by 0.7% in the 4th quarter. CWA Asset Management Group LLC now owns 6,955 shares of the exchange traded fund’s stock valued at $1,389,000 after acquiring an additional 50 shares during the period. Lavaca Capital LLC boosted its holdings in shares of iShares U.S. Technology ETF by 1.0% during the fourth quarter. Lavaca Capital LLC now owns 6,059 shares of the exchange traded fund’s stock worth $1,210,000 after acquiring an additional 59 shares during the period. Tiller Private Wealth Inc. boosted its holdings in shares of iShares U.S. Technology ETF by 3.2% during the fourth quarter. Tiller Private Wealth Inc. now owns 1,953 shares of the exchange traded fund’s stock worth $390,000 after acquiring an additional 60 shares during the period. Center For Asset Management LLC grew its position in shares of iShares U.S. Technology ETF by 3.7% in the fourth quarter. Center For Asset Management LLC now owns 1,669 shares of the exchange traded fund’s stock valued at $333,000 after purchasing an additional 60 shares during the last quarter. Finally, Quadrant Private Wealth Management LLC grew its position in shares of iShares U.S. Technology ETF by 0.7% in the fourth quarter. Quadrant Private Wealth Management LLC now owns 8,531 shares of the exchange traded fund’s stock valued at $1,703,000 after purchasing an additional 60 shares during the last quarter. Institutional investors own 57.65% of the company’s stock.

iShares U.S. Technology ETF Stock Performance

Shares of NYSEARCA IYW traded up $0.80 during trading hours on Friday, reaching $250.08. 533,111 shares of the stock were exchanged, compared to its average volume of 1,344,992. The firm has a market capitalization of $25.12 billion, a price-to-earnings ratio of 34.95 and a beta of 1.35. iShares U.S. Technology ETF has a 52 week low of $172.54 and a 52 week high of $261.01. The stock’s fifty day simple moving average is $244.13 and its 200 day simple moving average is $212.89.

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.