Wealthspire Advisors LLC Has $2.71 Million Stock Position in iShares U.S. Technology ETF (NYSEARCA:IYW)

Wealthspire Advisors LLC cut its holdings in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 10.6% in the 2nd quarter, HoldingsChannel reports. The fund owned 18,002 shares of the exchange traded fund’s stock after selling 2,133 shares during the period. Wealthspire Advisors LLC’s holdings in iShares U.S. Technology ETF were worth $2,709,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Dodds Wealth LLC bought a new stake in shares of iShares U.S. Technology ETF in the 4th quarter worth $235,000. Hanlon Investment Management Inc. lifted its holdings in shares of iShares U.S. Technology ETF by 24.1% in the fourth quarter. Hanlon Investment Management Inc. now owns 3,686 shares of the exchange traded fund’s stock worth $452,000 after buying an additional 716 shares in the last quarter. SeaCrest Wealth Management LLC increased its holdings in shares of iShares U.S. Technology ETF by 9.7% in the first quarter. SeaCrest Wealth Management LLC now owns 6,319 shares of the exchange traded fund’s stock worth $853,000 after purchasing an additional 560 shares during the period. Willner & Heller LLC purchased a new stake in shares of iShares U.S. Technology ETF in the 4th quarter valued at about $809,000. Finally, D.A. Davidson & CO. raised its stake in iShares U.S. Technology ETF by 91.0% in the fourth quarter. D.A. Davidson & CO. now owns 12,984 shares of the exchange traded fund’s stock valued at $1,594,000 after purchasing an additional 6,185 shares in the last quarter.

iShares U.S. Technology ETF Stock Up 0.5 %

NYSEARCA IYW opened at $146.94 on Friday. The company has a market capitalization of $18.05 billion, a price-to-earnings ratio of 38.84 and a beta of 1.43. The stock’s 50-day simple moving average is $146.03 and its two-hundred day simple moving average is $141.02. iShares U.S. Technology ETF has a twelve month low of $100.84 and a twelve month high of $158.97.

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).