Wealth Quarterback LLC Sells 9,147 Shares of iShares U.S. Technology ETF $IYW

Wealth Quarterback LLC cut its holdings in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 46.6% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 10,500 shares of the exchange traded fund’s stock after selling 9,147 shares during the quarter. iShares U.S. Technology ETF accounts for approximately 0.8% of Wealth Quarterback LLC’s holdings, making the stock its 26th biggest holding. Wealth Quarterback LLC’s holdings in iShares U.S. Technology ETF were worth $2,097,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in IYW. Sagespring Wealth Partners LLC raised 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 worth $144,379,000 after purchasing an additional 214,654 shares during the period. Pinkerton Wealth LLC purchased a new stake in iShares U.S. Technology ETF during the second quarter valued at about $34,296,000. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main boosted its position in iShares U.S. Technology ETF by 14,772.9% during the second quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 171,187 shares of the exchange traded fund’s stock valued at $29,662,000 after buying an additional 170,036 shares during the period. Marshall Wace LLP bought a new position in shares of iShares U.S. Technology ETF during the second quarter valued at about $26,937,000. Finally, BNP Paribas Financial Markets grew its stake in shares of iShares U.S. Technology ETF by 11,291.6% during the third quarter. BNP Paribas Financial Markets now owns 144,445 shares of the exchange traded fund’s stock valued at $28,291,000 after buying an additional 143,177 shares during the last quarter. 57.65% of the stock is currently owned by institutional investors.

iShares U.S. Technology ETF Trading Down 1.5%

IYW opened at $173.53 on Tuesday. iShares U.S. Technology ETF has a 12 month low of $117.55 and a 12 month high of $211.98. The business’s 50-day moving average price is $191.74 and its 200-day moving average price is $196.52. The company has a market cap of $18.16 billion, a P/E 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.