Sunbelt Securities Inc. Lowers Position in iShares U.S. Technology ETF (NYSEARCA:IYW)

Sunbelt Securities Inc. trimmed its position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 3.7% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 24,587 shares of the exchange traded fund’s stock after selling 936 shares during the quarter. Sunbelt Securities Inc.’s holdings in iShares U.S. Technology ETF were worth $3,728,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Envestnet Asset Management Inc. boosted its position in shares of iShares U.S. Technology ETF by 3.2% in the 2nd quarter. Envestnet Asset Management Inc. now owns 11,813,520 shares of the exchange traded fund’s stock worth $1,777,935,000 after purchasing an additional 371,517 shares in the last quarter. LPL Financial LLC boosted its stake in iShares U.S. Technology ETF by 3.0% during the 3rd quarter. LPL Financial LLC now owns 4,133,439 shares of the exchange traded fund’s stock valued at $626,712,000 after purchasing an additional 120,614 shares during the last quarter. International Assets Investment Management LLC increased its holdings in shares of iShares U.S. Technology ETF by 29,435.7% in the 3rd quarter. International Assets Investment Management LLC now owns 3,190,156 shares of the exchange traded fund’s stock worth $483,691,000 after purchasing an additional 3,179,355 shares in the last quarter. Parker Investment Management LLC raised its stake 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 worth $160,699,000 after purchasing an additional 329,161 shares during the last quarter. Finally, 1832 Asset Management L.P. lifted its holdings in shares of iShares U.S. Technology ETF by 173.9% during 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 purchasing an additional 649,192 shares in the last quarter.

iShares U.S. Technology ETF Stock Performance

NYSEARCA IYW opened at $162.35 on Wednesday. iShares U.S. Technology ETF has a one year low of $117.19 and a one year high of $165.92. The stock has a 50-day moving average of $157.04 and a 200 day moving average of $150.57. The company has a market capitalization of $19.94 billion, a price-to-earnings ratio of 38.84 and a beta of 1.43.

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).