Keebeck Wealth Management Decreases Stock Holdings in iShares U.S. Technology ETF $IYW

Keebeck Wealth Management lowered its stake in iShares U.S. Technology ETF (NYSEARCA:IYW) by 7.8% during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 39,071 shares of the exchange traded fund’s stock after selling 3,292 shares during the quarter. iShares U.S. Technology ETF accounts for about 0.8% of Keebeck Wealth Management’s portfolio, making the stock its 27th biggest holding. Keebeck Wealth Management’s holdings in iShares U.S. Technology ETF were worth $7,088,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Bartlett & CO. Wealth Management LLC grew its stake in shares of iShares U.S. Technology ETF by 20.6% during the fourth quarter. Bartlett & CO. Wealth Management LLC now owns 42,286 shares of the exchange traded fund’s stock worth $8,444,000 after purchasing an additional 7,217 shares during the period. JPMorgan Chase & Co. lifted its stake in iShares U.S. Technology ETF by 34.4% in the fourth quarter. JPMorgan Chase & Co. now owns 4,033,291 shares of the exchange traded fund’s stock valued at $805,368,000 after buying an additional 1,031,871 shares during the period. Tudor Investment Corp ET AL lifted its stake in iShares U.S. Technology ETF by 714.4% in the third quarter. Tudor Investment Corp ET AL now owns 23,284 shares of the exchange traded fund’s stock valued at $4,560,000 after buying an additional 20,425 shares during the period. Farther Finance Advisors LLC boosted its holdings in iShares U.S. Technology ETF by 4.7% during the fourth quarter. Farther Finance Advisors LLC now owns 60,006 shares of the exchange traded fund’s stock worth $11,982,000 after buying an additional 2,674 shares during the last quarter. Finally, ASL Financial LLC bought a new position in iShares U.S. Technology ETF during the fourth quarter worth about $718,000. Hedge funds and other institutional investors own 57.65% of the company’s stock.

iShares U.S. Technology ETF Trading Down 1.9%

iShares U.S. Technology ETF stock opened at $238.54 on Friday. The firm has a market capitalization of $23.70 billion, a P/E ratio of 34.95 and a beta of 1.35. The business has a 50-day moving average of $245.78 and a 200-day moving average of $215.62. iShares U.S. Technology ETF has a 1 year low of $172.54 and a 1 year high of $261.01.

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.