Venturi Wealth Management LLC Sells 6,166 Shares of iShares U.S. Technology ETF $IYW

Venturi Wealth Management LLC lessened its holdings in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 82.3% in the first quarter, Holdings Channel.com reports. The fund owned 1,329 shares of the exchange traded fund’s stock after selling 6,166 shares during the quarter. Venturi Wealth Management LLC’s holdings in iShares U.S. Technology ETF were worth $241,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Sequent Planning LLC bought a new position in shares of iShares U.S. Technology ETF in the 1st quarter worth $304,000. Morton Brown Family Wealth LLC acquired a new stake in shares of iShares U.S. Technology ETF during the first quarter worth $82,000. Dagco Inc. increased its holdings in iShares U.S. Technology ETF by 3.9% in the first quarter. Dagco Inc. now owns 6,112 shares of the exchange traded fund’s stock valued at $1,109,000 after purchasing an additional 229 shares during the last quarter. Chatterton & Associates Inc. increased its holdings in iShares U.S. Technology ETF by 36.2% in the first quarter. Chatterton & Associates Inc. now owns 1,501 shares of the exchange traded fund’s stock valued at $291,000 after purchasing an additional 399 shares during the last quarter. Finally, Cardinal Point Capital Management ULC acquired a new position in iShares U.S. Technology ETF in the first quarter valued at about $880,000. Institutional investors own 57.65% of the company’s stock.

iShares U.S. Technology ETF Trading Up 2.4%

NYSEARCA:IYW opened at $252.23 on Wednesday. iShares U.S. Technology ETF has a 1-year low of $170.25 and a 1-year high of $261.01. The firm has a market capitalization of $24.81 billion, a price-to-earnings ratio of 34.95 and a beta of 1.36. The business’s 50-day moving average price is $238.96 and its two-hundred day moving average price is $210.26.

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.