Gateway Wealth Partners LLC Has $1.41 Million Stock Holdings in iShares U.S. Technology ETF (NYSEARCA:IYW)

Gateway Wealth Partners LLC lowered its position in iShares U.S. Technology ETF (NYSEARCA:IYW) by 2.4% during the third quarter, Holdings Channel reports. The firm owned 9,316 shares of the exchange traded fund’s stock after selling 225 shares during the period. Gateway Wealth Partners LLC’s holdings in iShares U.S. Technology ETF were worth $1,413,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. SeaCrest Wealth Management LLC increased its stake in shares of iShares U.S. Technology ETF by 9.7% in the 1st quarter. SeaCrest Wealth Management LLC now owns 6,319 shares of the exchange traded fund’s stock valued at $853,000 after acquiring an additional 560 shares in the last quarter. OMNI 360 Wealth Inc. grew its position in shares of iShares U.S. Technology ETF by 15.9% during the 1st quarter. OMNI 360 Wealth Inc. now owns 5,540 shares of the exchange traded fund’s stock valued at $748,000 after acquiring an additional 760 shares during the period. Lake Street Private Wealth LLC increased its position in iShares U.S. Technology ETF by 1.4% in the first quarter. Lake Street Private Wealth LLC now owns 10,063 shares of the exchange traded fund’s stock worth $1,359,000 after buying an additional 140 shares during the last quarter. Madrona Financial Services LLC raised its stake in iShares U.S. Technology ETF by 6.5% in the 1st quarter. Madrona Financial Services LLC now owns 25,631 shares of the exchange traded fund’s stock valued at $3,462,000 after acquiring an additional 1,559 shares during the period. Finally, Kovack Advisors Inc. lifted its stake in shares of iShares U.S. Technology ETF by 16.5% during the 1st quarter. Kovack Advisors Inc. now owns 6,353 shares of the exchange traded fund’s stock valued at $858,000 after buying an additional 900 shares in the last quarter.

iShares U.S. Technology ETF Stock Performance

NYSEARCA:IYW opened at $155.59 on Tuesday. iShares U.S. Technology ETF has a 52-week low of $102.37 and a 52-week high of $158.97. The firm has a market cap of $19.11 billion, a price-to-earnings ratio of 38.84 and a beta of 1.43. The business’s fifty day moving average is $149.52 and its 200 day moving average is $144.92.

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).