Wealth Quarterback LLC Sells 9,147 Shares of iShares U.S. Technology ETF $IYW

Wealth Quarterback LLC reduced its stake in iShares U.S. Technology ETF (NYSEARCA:IYW) by 46.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,500 shares of the exchange traded fund’s stock after selling 9,147 shares during the quarter. iShares U.S. Technology ETF comprises approximately 0.8% of Wealth Quarterback LLC’s portfolio, making the stock its 26th biggest holding. Wealth Quarterback LLC’s holdings in iShares U.S. Technology ETF were worth $2,097,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. AQR Capital Management LLC lifted its holdings in shares of iShares U.S. Technology ETF by 58.1% during the 1st quarter. AQR Capital Management LLC now owns 10,066 shares of the exchange traded fund’s stock worth $1,414,000 after acquiring an additional 3,699 shares during the last quarter. Franklin Resources Inc. increased its stake in iShares U.S. Technology ETF by 1.2% in the second quarter. Franklin Resources Inc. now owns 7,734 shares of the exchange traded fund’s stock valued at $1,340,000 after acquiring an additional 90 shares during the last quarter. Russell Investments Group Ltd. increased its stake in iShares U.S. Technology ETF by 9.8% in the second quarter. Russell Investments Group Ltd. now owns 1,094 shares of the exchange traded fund’s stock valued at $190,000 after acquiring an additional 98 shares during the last quarter. Schroder Investment Management Group raised its position in iShares U.S. Technology ETF by 33.5% during the second quarter. Schroder Investment Management Group now owns 39,180 shares of the exchange traded fund’s stock valued at $6,730,000 after purchasing an additional 9,840 shares in the last quarter. Finally, Lido Advisors LLC raised its position in iShares U.S. Technology ETF by 1.2% during the second quarter. Lido Advisors LLC now owns 52,821 shares of the exchange traded fund’s stock valued at $9,152,000 after purchasing an additional 605 shares in the last quarter. 57.65% of the stock is currently owned by institutional investors.

iShares U.S. Technology ETF Stock Down 1.5%

Shares of IYW stock opened at $173.53 on Tuesday. The business has a 50-day moving average price of $191.74 and a two-hundred day moving average price of $196.52. iShares U.S. Technology ETF has a 12-month low of $117.55 and a 12-month high of $211.98. The firm has a market cap of $18.16 billion, a P/E ratio of 34.95 and a beta of 1.23.

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.