Wealthspire Advisors LLC Cuts Stake in iShares U.S. Technology ETF (NYSEARCA:IYW)

Wealthspire Advisors LLC lessened its position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 0.8% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 20,808 shares of the exchange traded fund’s stock after selling 166 shares during the period. Wealthspire Advisors LLC’s holdings in iShares U.S. Technology ETF were worth $2,554,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Picton Mahoney Asset Management lifted its holdings in shares of iShares U.S. Technology ETF by 128.3% in the 4th quarter. Picton Mahoney Asset Management now owns 2,100 shares of the exchange traded fund’s stock valued at $258,000 after purchasing an additional 1,180 shares during the last quarter. ShoreHaven Wealth Partners LLC grew its position in iShares U.S. Technology ETF by 37.3% during the fourth quarter. ShoreHaven Wealth Partners LLC now owns 21,240 shares of the exchange traded fund’s stock worth $2,607,000 after buying an additional 5,766 shares during the period. Sovereign Financial Group Inc. increased its stake in iShares U.S. Technology ETF by 11.7% in the 4th quarter. Sovereign Financial Group Inc. now owns 5,431 shares of the exchange traded fund’s stock valued at $667,000 after purchasing an additional 567 shares in the last quarter. Apollon Wealth Management LLC raised its stake in shares of iShares U.S. Technology ETF by 3.8% during the 4th quarter. Apollon Wealth Management LLC now owns 43,687 shares of the exchange traded fund’s stock worth $5,363,000 after buying an additional 1,588 shares during the last quarter. Finally, Lincoln National Corp lifted its holdings in shares of iShares U.S. Technology ETF by 27.4% in the fourth quarter. Lincoln National Corp now owns 11,752 shares of the exchange traded fund’s stock valued at $1,443,000 after purchasing an additional 2,526 shares in the last quarter.

iShares U.S. Technology ETF Stock Performance

iShares U.S. Technology ETF stock traded up $0.04 during midday trading on Wednesday, reaching $133.68. 586,096 shares of the company were exchanged, compared to its average volume of 894,737. The company has a market capitalization of $16.42 billion, a price-to-earnings ratio of 38.84 and a beta of 1.43. The firm’s 50-day simple moving average is $132.82 and its 200-day simple moving average is $125.15. iShares U.S. Technology ETF has a 1 year low of $92.80 and a 1 year high of $137.54.

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).