IFG Advisory LLC Decreases Stock Position in iShares U.S. Technology ETF $IYW

IFG Advisory LLC lessened its position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 23.1% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 22,220 shares of the exchange traded fund’s stock after selling 6,665 shares during the period. IFG Advisory LLC’s holdings in iShares U.S. Technology ETF were worth $4,352,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in the company. Principal Financial Group Inc. raised its position in shares of iShares U.S. Technology ETF by 99.1% in the third quarter. Principal Financial Group Inc. now owns 107,427 shares of the exchange traded fund’s stock valued at $21,041,000 after purchasing an additional 53,466 shares during the period. Compound Planning Inc. grew its stake in iShares U.S. Technology ETF by 10.7% in the 3rd quarter. Compound Planning Inc. now owns 135,021 shares of the exchange traded fund’s stock valued at $26,445,000 after buying an additional 13,045 shares in the last quarter. Clear Creek Financial Management LLC grew its stake in iShares U.S. Technology ETF by 32.2% in the 3rd quarter. Clear Creek Financial Management LLC now owns 11,842 shares of the exchange traded fund’s stock valued at $2,319,000 after buying an additional 2,882 shares in the last quarter. Ashton Thomas Securities LLC bought a new stake in iShares U.S. Technology ETF during the 3rd quarter valued at $1,093,000. Finally, HB Wealth Management LLC raised its holdings in iShares U.S. Technology ETF by 48.2% during the 3rd quarter. HB Wealth Management LLC now owns 16,713 shares of the exchange traded fund’s stock valued at $3,274,000 after acquiring an additional 5,439 shares during the period. Hedge funds and other institutional investors own 57.65% of the company’s stock.

iShares U.S. Technology ETF Price Performance

iShares U.S. Technology ETF stock opened at $191.71 on Friday. The firm has a market capitalization of $20.06 billion, a P/E ratio of 34.95 and a beta of 1.23. iShares U.S. Technology ETF has a one year low of $117.55 and a one year high of $211.98. The business has a fifty day moving average price of $196.64 and a 200-day moving average price of $195.87.

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). The Index measures the performance of the technology sector of the United States equity market, and includes companies in the industry groups, such as software and computer services and technology hardware and equipment.