Acorn Wealth Advisors LLC Sells 622 Shares of iShares U.S. Technology ETF (NYSEARCA:IYW)

Acorn Wealth Advisors LLC reduced its holdings in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 31.7% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,340 shares of the exchange traded fund’s stock after selling 622 shares during the quarter. Acorn Wealth Advisors LLC’s holdings in iShares U.S. Technology ETF were worth $203,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. International Assets Investment Management LLC lifted its position in iShares U.S. Technology ETF by 29,435.7% during 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 acquiring an additional 3,179,355 shares during the last quarter. 1832 Asset Management L.P. increased its stake 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 worth $153,901,000 after purchasing an additional 649,192 shares during the period. Hsbc Holdings PLC lifted its holdings in iShares U.S. Technology ETF by 1,170.2% during the 2nd quarter. Hsbc Holdings PLC now owns 572,587 shares of the exchange traded fund’s stock worth $86,174,000 after purchasing an additional 527,510 shares during the last quarter. Cetera Investment Advisers boosted its stake in iShares U.S. Technology ETF by 131.6% in the 1st quarter. Cetera Investment Advisers now owns 743,002 shares of the exchange traded fund’s stock valued at $100,350,000 after purchasing an additional 422,212 shares during the period. Finally, Sanctuary Advisors LLC acquired a new position in iShares U.S. Technology ETF in the 2nd quarter valued at $57,410,000.

iShares U.S. Technology ETF Stock Performance

IYW opened at $159.07 on Tuesday. The stock has a fifty day moving average of $154.32 and a 200-day moving average of $148.74. The company has a market capitalization of $19.54 billion, a P/E ratio of 38.84 and a beta of 1.43. iShares U.S. Technology ETF has a fifty-two week low of $114.84 and a fifty-two week 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).