First Heartland Consultants Inc. Sells 1,780 Shares of iShares U.S. Technology ETF (NYSEARCA:IYW)

First Heartland Consultants Inc. reduced its stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 4.8% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 35,310 shares of the exchange traded fund’s stock after selling 1,780 shares during the quarter. First Heartland Consultants Inc.’s holdings in iShares U.S. Technology ETF were worth $5,354,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Oppenheimer & Co. Inc. boosted its stake in iShares U.S. Technology ETF by 1.2% during the first quarter. Oppenheimer & Co. Inc. now owns 7,281 shares of the exchange traded fund’s stock worth $983,000 after buying an additional 85 shares during the period. BOKF NA boosted its stake in iShares U.S. Technology ETF by 20.1% during the first quarter. BOKF NA now owns 903 shares of the exchange traded fund’s stock worth $122,000 after buying an additional 151 shares during the period. Kingsview Wealth Management LLC boosted its stake in iShares U.S. Technology ETF by 67.4% during the first quarter. Kingsview Wealth Management LLC now owns 3,152 shares of the exchange traded fund’s stock worth $426,000 after buying an additional 1,269 shares during the period. Ascent Group LLC boosted its stake in iShares U.S. Technology ETF by 22.7% during the second quarter. Ascent Group LLC now owns 43,612 shares of the exchange traded fund’s stock worth $6,564,000 after buying an additional 8,077 shares during the period. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors purchased a new position in iShares U.S. Technology ETF during the second quarter worth $232,000.

iShares U.S. Technology ETF Stock Performance

NYSEARCA IYW traded up $0.45 on Tuesday, hitting $160.72. 117,550 shares of the stock were exchanged, compared to its average volume of 851,685. The stock has a fifty day moving average price of $151.12 and a two-hundred day moving average price of $146.83. The firm has a market capitalization of $19.74 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 $112.37 and a 52-week high of $161.49.

iShares U.S. Technology ETF Company 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).