iShares U.S. Technology ETF (NYSEARCA:IYW) Position Reduced by Lake Street Private Wealth LLC

Lake Street Private Wealth LLC decreased its position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 3.3% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,704 shares of the exchange traded fund’s stock after selling 335 shares during the period. Lake Street Private Wealth LLC’s holdings in iShares U.S. Technology ETF were worth $1,471,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in IYW. Envestnet Asset Management Inc. increased its holdings in shares of iShares U.S. Technology ETF by 3.2% in the second quarter. Envestnet Asset Management Inc. now owns 11,813,520 shares of the exchange traded fund’s stock valued at $1,777,935,000 after buying an additional 371,517 shares in the last quarter. Envestnet Portfolio Solutions Inc. increased its holdings in shares of iShares U.S. Technology ETF by 2.2% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 1,390,175 shares of the exchange traded fund’s stock valued at $209,221,000 after buying an additional 30,147 shares in the last quarter. Park Avenue Securities LLC increased its holdings in shares of iShares U.S. Technology ETF by 1.3% in the second quarter. Park Avenue Securities LLC now owns 1,068,282 shares of the exchange traded fund’s stock valued at $160,776,000 after buying an additional 13,629 shares in the last quarter. Parker Investment Management LLC increased its holdings in shares of iShares U.S. Technology ETF by 44.6% in the second quarter. Parker Investment Management LLC now owns 1,067,765 shares of the exchange traded fund’s stock valued at $160,699,000 after buying an additional 329,161 shares in the last quarter. Finally, 1832 Asset Management L.P. increased its holdings in shares of iShares U.S. Technology ETF by 173.9% in the second quarter. 1832 Asset Management L.P. now owns 1,022,598 shares of the exchange traded fund’s stock valued at $153,901,000 after buying an additional 649,192 shares in the last quarter.

iShares U.S. Technology ETF Stock Performance

Shares of NYSEARCA IYW traded down $0.73 during trading on Wednesday, hitting $155.54. The company had a trading volume of 156,373 shares, compared to its average volume of 857,280. The company has a market cap of $19.11 billion, a P/E ratio of 38.84 and a beta of 1.43. iShares U.S. Technology ETF has a 52 week low of $100.84 and a 52 week high of $158.97. The business’s 50-day moving average is $148.93 and its 200 day moving average is $144.35.

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).