Harbour Investments Inc. Reduces Stock Position in iShares U.S. Technology ETF (NYSEARCA:IYW)

Harbour Investments Inc. decreased its stake in iShares U.S. Technology ETF (NYSEARCA:IYW) by 4.9% during the third quarter, Holdings Channel reports. The institutional investor owned 23,692 shares of the exchange traded fund’s stock after selling 1,209 shares during the quarter. Harbour Investments Inc.’s holdings in iShares U.S. Technology ETF were worth $3,592,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently modified their holdings of the stock. Envestnet Asset Management Inc. boosted its stake 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 worth $1,777,935,000 after buying an additional 371,517 shares during the last quarter. International Assets Investment Management LLC boosted its stake in shares of iShares U.S. Technology ETF by 29,435.7% in the third quarter. International Assets Investment Management LLC now owns 3,190,156 shares of the exchange traded fund’s stock worth $483,691,000 after buying an additional 3,179,355 shares during the last quarter. Envestnet Portfolio Solutions Inc. boosted its stake 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 worth $209,221,000 after buying an additional 30,147 shares during the last quarter. Park Avenue Securities LLC boosted its stake 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 worth $160,776,000 after buying an additional 13,629 shares during the last quarter. Finally, Parker Investment Management LLC boosted its position in iShares U.S. Technology ETF by 44.6% during the second quarter. Parker Investment Management LLC now owns 1,067,765 shares of the exchange traded fund’s stock worth $160,699,000 after purchasing an additional 329,161 shares in the last quarter.

iShares U.S. Technology ETF Trading Up 0.4 %

Shares of IYW stock opened at $160.85 on Wednesday. The company has a market capitalization of $19.76 billion, a P/E ratio of 38.84 and a beta of 1.43. The business’s 50 day moving average is $151.51 and its two-hundred day moving average is $147.04. iShares U.S. Technology ETF has a 12-month low of $112.37 and a 12-month high of $161.49.

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).