First Heartland Consultants Inc. Sells 5,817 Shares of iShares U.S. Technology ETF $IYW

First Heartland Consultants Inc. lessened its stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 15.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 32,357 shares of the exchange traded fund’s stock after selling 5,817 shares during the quarter. First Heartland Consultants Inc.’s holdings in iShares U.S. Technology ETF were worth $6,337,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Bell Investment Advisors Inc purchased a new stake in shares of iShares U.S. Technology ETF during the 2nd quarter worth $25,000. Bangor Savings Bank bought a new position in iShares U.S. Technology ETF in the third quarter worth about $31,000. Hantz Financial Services Inc. purchased a new stake in shares of iShares U.S. Technology ETF during the third quarter valued at about $31,000. Abound Wealth Management bought a new stake in shares of iShares U.S. Technology ETF in the 3rd quarter valued at about $34,000. Finally, Collier Financial purchased a new position in shares of iShares U.S. Technology ETF in the 3rd quarter worth approximately $37,000. 57.65% of the stock is currently owned by hedge funds and other institutional investors.

iShares U.S. Technology ETF Stock Down 1.6%

NYSEARCA IYW opened at $189.80 on Tuesday. iShares U.S. Technology ETF has a 52 week low of $117.55 and a 52 week high of $211.98. The company has a 50 day moving average price of $197.84 and a 200 day moving average price of $195.62. The firm has a market cap of $19.86 billion, a PE ratio of 34.95 and a beta of 1.23.

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). 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.