Commonwealth Equity Services LLC Sells 54,259 Shares of iShares U.S. Technology ETF $IYW

Commonwealth Equity Services LLC reduced its stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 7.1% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 709,865 shares of the exchange traded fund’s stock after selling 54,259 shares during the quarter. Commonwealth Equity Services LLC’s holdings in iShares U.S. Technology ETF were worth $139,034,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Tsfg LLC lifted its position in iShares U.S. Technology ETF by 35.4% during the second quarter. Tsfg LLC now owns 222 shares of the exchange traded fund’s stock worth $38,000 after purchasing an additional 58 shares during the period. Hoey Investments Inc. raised its position in shares of iShares U.S. Technology ETF by 31.6% in the 2nd quarter. Hoey Investments Inc. now owns 250 shares of the exchange traded fund’s stock valued at $43,000 after buying an additional 60 shares in the last quarter. Montag A & Associates Inc. raised its position in shares of iShares U.S. Technology ETF by 1.0% in the 2nd quarter. Montag A & Associates Inc. now owns 5,898 shares of the exchange traded fund’s stock valued at $1,022,000 after buying an additional 60 shares in the last quarter. Oldfather Financial Services LLC lifted its holdings in shares of iShares U.S. Technology ETF by 3.3% during the 3rd quarter. Oldfather Financial Services LLC now owns 1,909 shares of the exchange traded fund’s stock worth $374,000 after acquiring an additional 61 shares during the period. Finally, Potentia Wealth boosted its position in shares of iShares U.S. Technology ETF by 3.7% during the 2nd quarter. Potentia Wealth now owns 1,897 shares of the exchange traded fund’s stock worth $329,000 after acquiring an additional 67 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

Shares of NYSEARCA:IYW opened at $199.89 on Monday. iShares U.S. Technology ETF has a 1 year low of $117.55 and a 1 year high of $211.98. The stock has a market capitalization of $21.03 billion, a price-to-earnings ratio of 34.95 and a beta of 1.23. The company’s 50 day simple moving average is $200.66 and its 200 day simple moving average is $190.26.

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.