Private Trust Co. NA Sells 655 Shares of iShares U.S. Technology ETF $IYW

Private Trust Co. NA lessened its holdings in iShares U.S. Technology ETF (NYSEARCA:IYW) by 6.5% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 9,497 shares of the exchange traded fund’s stock after selling 655 shares during the period. Private Trust Co. NA’s holdings in iShares U.S. Technology ETF were worth $1,646,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the stock. LPL Financial LLC lifted its holdings in shares of iShares U.S. Technology ETF by 4.4% in the first quarter. LPL Financial LLC now owns 5,335,760 shares of the exchange traded fund’s stock valued at $749,354,000 after purchasing an additional 224,438 shares in the last quarter. PGIM Custom Harvest LLC raised its position in iShares U.S. Technology ETF by 4.4% in the 1st quarter. PGIM Custom Harvest LLC now owns 4,528,761 shares of the exchange traded fund’s stock valued at $636,019,000 after buying an additional 192,008 shares during the last quarter. The Manufacturers Life Insurance Company lifted its stake in iShares U.S. Technology ETF by 113.3% during the 1st 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 in the last quarter. Commonwealth Equity Services LLC boosted its holdings in iShares U.S. Technology ETF by 8.3% during the 1st quarter. Commonwealth Equity Services LLC now owns 945,244 shares of the exchange traded fund’s stock worth $132,750,000 after acquiring an additional 72,139 shares during the last quarter. Finally, Cetera Investment Advisers grew its stake in shares of iShares U.S. Technology ETF by 1.5% in the 1st quarter. Cetera Investment Advisers now owns 703,233 shares of the exchange traded fund’s stock worth $98,762,000 after acquiring an additional 10,647 shares in the last quarter. Institutional investors and hedge funds own 57.65% of the company’s stock.

iShares U.S. Technology ETF Price Performance

Shares of IYW stock opened at $197.17 on Friday. The firm has a 50-day moving average of $189.37 and a 200-day moving average of $169.67. iShares U.S. Technology ETF has a one year low of $117.55 and a one year high of $201.50. The company has a market cap of $21.12 billion, a P/E ratio of 34.95 and a beta of 1.15.

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).