Global Retirement Partners LLC Decreases Stake in iShares U.S. Technology ETF $IYW

Global Retirement Partners LLC reduced its position in iShares U.S. Technology ETF (NYSEARCA:IYW) by 30.1% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 20,843 shares of the exchange traded fund’s stock after selling 8,986 shares during the period. Global Retirement Partners LLC’s holdings in iShares U.S. Technology ETF were worth $4,082,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Tsfg LLC raised its holdings in iShares U.S. Technology ETF by 35.4% in the 2nd quarter. Tsfg LLC now owns 222 shares of the exchange traded fund’s stock valued at $38,000 after acquiring an additional 58 shares during the last quarter. Hoey Investments Inc. grew its stake in shares of iShares U.S. Technology ETF by 31.6% in the second 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. grew its holdings in iShares U.S. Technology ETF by 1.0% during 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 purchasing an additional 60 shares in the last quarter. Oldfather Financial Services LLC grew its stake in 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 valued at $374,000 after purchasing an additional 61 shares in the last quarter. Finally, Potentia Wealth increased its stake in shares of iShares U.S. Technology ETF by 3.7% in the second quarter. Potentia Wealth now owns 1,897 shares of the exchange traded fund’s stock worth $329,000 after buying an additional 67 shares during the last quarter. Institutional investors and hedge funds own 57.65% of the company’s stock.

iShares U.S. Technology ETF Stock Performance

Shares of NYSEARCA:IYW opened at $199.89 on Monday. The company’s fifty day moving average is $200.66 and its two-hundred day moving average is $190.26. The stock has a market capitalization of $21.03 billion, a price-to-earnings 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.

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.