IFG Advisory LLC Lowers Stock Holdings in iShares U.S. Technology ETF $IYW

IFG Advisory LLC lowered its position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 23.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 22,220 shares of the exchange traded fund’s stock after selling 6,665 shares during the period. IFG Advisory LLC’s holdings in iShares U.S. Technology ETF were worth $4,352,000 as of its most recent SEC filing.

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

iShares U.S. Technology ETF Trading Up 0.1%

Shares of IYW opened at $191.71 on Friday. iShares U.S. Technology ETF has a 12-month low of $117.55 and a 12-month high of $211.98. The company has a market cap of $20.06 billion, a PE ratio of 34.95 and a beta of 1.23. The stock has a 50-day moving average price of $196.64 and a 200-day moving average price of $195.87.

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.