AdvisorShares Investments LLC Has $5.44 Million Stock Holdings in iShares U.S. Technology ETF (NYSEARCA:IYW)

AdvisorShares Investments LLC decreased its holdings in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 0.9% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 35,767 shares of the exchange traded fund’s stock after selling 327 shares during the quarter. iShares U.S. Technology ETF makes up about 0.9% of AdvisorShares Investments LLC’s holdings, making the stock its 27th biggest position. AdvisorShares Investments LLC’s holdings in iShares U.S. Technology ETF were worth $5,437,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Angeles Wealth Management LLC bought a new position in shares of iShares U.S. Technology ETF in the 2nd quarter valued at approximately $97,000. MGO One Seven LLC lifted its stake in shares of iShares U.S. Technology ETF by 1.5% in the second quarter. MGO One Seven LLC now owns 21,956 shares of the exchange traded fund’s stock worth $3,304,000 after buying an additional 316 shares during the last quarter. Redwood Financial Network Corp boosted its holdings in shares of iShares U.S. Technology ETF by 6.6% during the 2nd quarter. Redwood Financial Network Corp now owns 3,007 shares of the exchange traded fund’s stock worth $453,000 after buying an additional 186 shares during the period. Lane & Associates LLC boosted its holdings in shares of iShares U.S. Technology ETF by 4.6% during the 2nd quarter. Lane & Associates LLC now owns 7,205 shares of the exchange traded fund’s stock worth $1,084,000 after buying an additional 314 shares during the period. Finally, Liberty Wealth Management LLC raised its holdings in iShares U.S. Technology ETF by 420.4% in the 2nd quarter. Liberty Wealth Management LLC now owns 306,641 shares of the exchange traded fund’s stock worth $46,149,000 after acquiring an additional 247,720 shares during the period.

iShares U.S. Technology ETF Price Performance

iShares U.S. Technology ETF stock opened at $140.95 on Wednesday. The firm has a market cap of $17.32 billion, a price-to-earnings ratio of 38.84 and a beta of 1.43. The firm has a fifty day moving average price of $146.58 and a two-hundred day moving average price of $140.79. iShares U.S. Technology ETF has a fifty-two week low of $100.84 and a fifty-two week high of $158.97.

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).