Integrated Wealth Concepts LLC Reduces Stock Holdings in iShares U.S. Technology ETF $IYW

Integrated Wealth Concepts LLC lessened its stake in iShares U.S. Technology ETF (NYSEARCA:IYW) by 26.4% in the third quarter, Holdings Channel reports. The fund owned 110,774 shares of the exchange traded fund’s stock after selling 39,747 shares during the quarter. Integrated Wealth Concepts LLC’s holdings in iShares U.S. Technology ETF were worth $21,696,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Laurel Wealth Advisors LLC lifted its position in shares of iShares U.S. Technology ETF by 18,553.4% during the second quarter. Laurel Wealth Advisors LLC now owns 3,690,017 shares of the exchange traded fund’s stock worth $639,369,000 after purchasing an additional 3,670,235 shares in the last quarter. UBS Group AG grew its holdings in iShares U.S. Technology ETF by 4.0% during the 3rd quarter. UBS Group AG now owns 1,882,618 shares of the exchange traded fund’s stock valued at $368,730,000 after purchasing an additional 72,485 shares in the last quarter. Raymond James Financial Inc. increased its stake in iShares U.S. Technology ETF by 6.5% during the 2nd quarter. Raymond James Financial Inc. now owns 1,598,623 shares of the exchange traded fund’s stock worth $276,993,000 after buying an additional 97,389 shares during the period. Hsbc Holdings PLC increased its stake in iShares U.S. Technology ETF by 52.6% during the 2nd quarter. Hsbc Holdings PLC now owns 1,164,822 shares of the exchange traded fund’s stock worth $201,829,000 after buying an additional 401,472 shares during the period. Finally, Ameriprise Financial Inc. lifted its holdings in iShares U.S. Technology ETF by 2.4% in the 2nd quarter. Ameriprise Financial Inc. now owns 1,156,536 shares of the exchange traded fund’s stock worth $200,481,000 after buying an additional 27,056 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

NYSEARCA:IYW opened at $187.24 on Monday. The firm has a 50-day moving average of $195.34 and a two-hundred day moving average of $196.45. The stock has a market cap of $19.59 billion, a P/E ratio of 34.95 and a beta of 1.23. iShares U.S. Technology ETF has a 1-year low of $117.55 and a 1-year high of $211.98.

iShares U.S. Technology ETF Company 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.