Cypress Wealth Services LLC Sells 26,282 Shares of iShares U.S. Technology ETF $IYW

Cypress Wealth Services LLC trimmed its position in iShares U.S. Technology ETF (NYSEARCA:IYW) by 54.6% during the third quarter, HoldingsChannel.com reports. The fund owned 21,896 shares of the exchange traded fund’s stock after selling 26,282 shares during the period. Cypress Wealth Services LLC’s holdings in iShares U.S. Technology ETF were worth $4,289,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Bell Investment Advisors Inc bought a new stake in iShares U.S. Technology ETF in the second quarter valued at approximately $25,000. Harbor Asset Planning Inc. acquired a new position in shares of iShares U.S. Technology ETF in the 2nd quarter valued at $27,000. Bogart Wealth LLC increased its position in shares of iShares U.S. Technology ETF by 189.3% in the 2nd quarter. Bogart Wealth LLC now owns 162 shares of the exchange traded fund’s stock valued at $28,000 after buying an additional 106 shares in the last quarter. Abound Wealth Management bought a new stake in shares of iShares U.S. Technology ETF in the 3rd quarter valued at $34,000. Finally, Tsfg LLC raised its stake in iShares U.S. Technology ETF by 35.4% during the 2nd quarter. Tsfg LLC now owns 222 shares of the exchange traded fund’s stock worth $38,000 after buying an additional 58 shares during the period. Institutional investors own 57.65% of the company’s stock.

iShares U.S. Technology ETF Trading Up 0.7%

IYW stock opened at $202.22 on Wednesday. iShares U.S. Technology ETF has a 1-year low of $117.55 and a 1-year high of $211.98. The firm has a market cap of $21.80 billion, a PE ratio of 34.95 and a beta of 1.23. The business’s 50-day moving average price is $200.25 and its two-hundred day moving average price is $188.20.

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.