Centerline Wealth Advisors LLC Has $7.51 Million Stock Holdings in iShares U.S. Technology ETF $IYW

Centerline Wealth Advisors LLC decreased its holdings in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 13.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 37,607 shares of the exchange traded fund’s stock after selling 5,772 shares during the period. iShares U.S. Technology ETF comprises 2.7% of Centerline Wealth Advisors LLC’s portfolio, making the stock its 12th biggest holding. Centerline Wealth Advisors LLC’s holdings in iShares U.S. Technology ETF were worth $7,509,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Principal Financial Group Inc. lifted its position in shares of iShares U.S. Technology ETF by 99.1% during the 3rd quarter. Principal Financial Group Inc. now owns 107,427 shares of the exchange traded fund’s stock worth $21,041,000 after buying an additional 53,466 shares during the period. Compound Planning Inc. boosted its stake in iShares U.S. Technology ETF by 10.7% in the 3rd quarter. Compound Planning Inc. now owns 135,021 shares of the exchange traded fund’s stock valued at $26,445,000 after buying an additional 13,045 shares in the last quarter. Clear Creek Financial Management LLC grew its position in iShares U.S. Technology ETF by 32.2% in the third quarter. Clear Creek Financial Management LLC now owns 11,842 shares of the exchange traded fund’s stock valued at $2,319,000 after acquiring an additional 2,882 shares during the period. Ashton Thomas Securities LLC acquired a new position in iShares U.S. Technology ETF during the third quarter worth $1,093,000. Finally, HB Wealth Management LLC raised its stake in iShares U.S. Technology ETF by 48.2% during the third quarter. HB Wealth Management LLC now owns 16,713 shares of the exchange traded fund’s stock worth $3,274,000 after acquiring an additional 5,439 shares in the last quarter. 57.65% of the stock is owned by institutional investors and hedge funds.

iShares U.S. Technology ETF Stock Performance

Shares of NYSEARCA IYW opened at $184.48 on Monday. iShares U.S. Technology ETF has a 52-week low of $117.55 and a 52-week high of $211.98. The business has a fifty day moving average of $194.05 and a two-hundred day moving average of $196.68. The stock has a market cap of $19.31 billion, a PE ratio of 34.95 and a beta of 1.23.

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.