Verus Capital Partners LLC Has $1.19 Million Stake in iShares U.S. Technology ETF $IYW

Verus Capital Partners LLC decreased its holdings in iShares U.S. Technology ETF (NYSEARCA:IYW) by 50.4% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 6,099 shares of the exchange traded fund’s stock after selling 6,195 shares during the quarter. Verus Capital Partners LLC’s holdings in iShares U.S. Technology ETF were worth $1,194,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Laurel Wealth Advisors LLC increased its stake in shares of iShares U.S. Technology ETF by 18,553.4% in the second quarter. Laurel Wealth Advisors LLC now owns 3,690,017 shares of the exchange traded fund’s stock valued at $639,369,000 after buying an additional 3,670,235 shares in the last quarter. Hsbc Holdings PLC grew its holdings in iShares U.S. Technology ETF by 52.6% during the 2nd quarter. Hsbc Holdings PLC now owns 1,164,822 shares of the exchange traded fund’s stock worth $201,829,000 after acquiring an additional 401,472 shares during the last quarter. Parker Investment Management LLC increased its position in iShares U.S. Technology ETF by 126.4% in the 2nd quarter. Parker Investment Management LLC now owns 700,717 shares of the exchange traded fund’s stock valued at $121,413,000 after acquiring an additional 391,273 shares in the last quarter. Sagespring Wealth Partners LLC increased its position in iShares U.S. Technology ETF by 41.1% in the 3rd quarter. Sagespring Wealth Partners LLC now owns 737,156 shares of the exchange traded fund’s stock valued at $144,379,000 after acquiring an additional 214,654 shares in the last quarter. Finally, Pinkerton Wealth LLC bought a new position in shares of iShares U.S. Technology ETF in the second quarter worth about $34,296,000. Institutional investors and hedge funds own 57.65% of the company’s stock.

iShares U.S. Technology ETF Trading Down 1.6%

Shares of IYW stock opened at $189.80 on Tuesday. iShares U.S. Technology ETF has a 1 year low of $117.55 and a 1 year high of $211.98. The firm’s 50 day moving average is $197.84 and its 200-day moving average is $195.62. The firm has a market capitalization of $19.86 billion, a price-to-earnings 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.