Venturi Wealth Management LLC Has $1.25 Million Stock Holdings in iShares U.S. Technology ETF $IYW

Venturi Wealth Management LLC lowered its stake in iShares U.S. Technology ETF (NYSEARCA:IYW) by 6.6% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 7,198 shares of the exchange traded fund’s stock after selling 511 shares during the period. Venturi Wealth Management LLC’s holdings in iShares U.S. Technology ETF were worth $1,247,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of IYW. The Manufacturers Life Insurance Company boosted its stake in iShares U.S. Technology ETF by 113.3% in the first quarter. The Manufacturers Life Insurance Company now owns 1,021,938 shares of the exchange traded fund’s stock valued at $143,521,000 after acquiring an additional 542,816 shares during the last quarter. Sofi Wealth LLC boosted its position in shares of iShares U.S. Technology ETF by 4,780.8% during the first quarter. Sofi Wealth LLC now owns 405,256 shares of the exchange traded fund’s stock worth $56,914,000 after purchasing an additional 396,953 shares in the last quarter. Liberty Wealth Management LLC boosted its position in shares of iShares U.S. Technology ETF by 795.5% during the first quarter. Liberty Wealth Management LLC now owns 416,723 shares of the exchange traded fund’s stock worth $58,525,000 after purchasing an additional 370,190 shares in the last quarter. Ashton Thomas Private Wealth LLC boosted its position in shares of iShares U.S. Technology ETF by 597.9% during the first quarter. Ashton Thomas Private Wealth LLC now owns 322,863 shares of the exchange traded fund’s stock worth $45,343,000 after purchasing an additional 276,601 shares in the last quarter. Finally, LPL Financial LLC boosted its position in shares of iShares U.S. Technology ETF by 4.4% during the first quarter. LPL Financial LLC now owns 5,335,760 shares of the exchange traded fund’s stock worth $749,354,000 after purchasing an additional 224,438 shares in the last quarter. 57.65% of the stock is owned by institutional investors.

iShares U.S. Technology ETF Stock Up 1.5%

Shares of NYSEARCA IYW opened at $200.85 on Thursday. The company’s fifty day moving average is $187.20 and its 200-day moving average is $167.17. The stock has a market cap of $21.55 billion, a price-to-earnings ratio of 34.95 and a beta of 1.15. iShares U.S. Technology ETF has a twelve month low of $117.55 and a twelve month high of $200.86.

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).