Belpointe Asset Management LLC Has $337,000 Stock Position in iShares U.S. Technology ETF $IYW

Belpointe Asset Management LLC lessened its stake in iShares U.S. Technology ETF (NYSEARCA:IYW) by 78.1% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 1,722 shares of the exchange traded fund’s stock after selling 6,134 shares during the quarter. Belpointe Asset Management LLC’s holdings in iShares U.S. Technology ETF were worth $337,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Human Investing LLC increased its holdings in iShares U.S. Technology ETF by 2.7% during the third quarter. Human Investing LLC now owns 1,853 shares of the exchange traded fund’s stock worth $363,000 after buying an additional 49 shares during the last quarter. Vanguard Personalized Indexing Management LLC grew its position in shares of iShares U.S. Technology ETF by 4.4% in the 3rd quarter. Vanguard Personalized Indexing Management LLC now owns 10,722 shares of the exchange traded fund’s stock valued at $2,100,000 after acquiring an additional 447 shares during the period. Patten & Patten Inc. TN increased its stake in shares of iShares U.S. Technology ETF by 4.8% during the 3rd quarter. Patten & Patten Inc. TN now owns 10,273 shares of the exchange traded fund’s stock worth $2,012,000 after purchasing an additional 468 shares during the last quarter. Sagespring Wealth Partners LLC increased its position in iShares U.S. Technology ETF by 41.1% during the third quarter. Sagespring Wealth Partners LLC now owns 737,156 shares of the exchange traded fund’s stock worth $144,379,000 after buying an additional 214,654 shares during the last quarter. Finally, International Assets Investment Management LLC increased its holdings in shares of iShares U.S. Technology ETF by 1.6% during the 3rd quarter. International Assets Investment Management LLC now owns 6,175 shares of the exchange traded fund’s stock worth $1,209,000 after acquiring an additional 100 shares during the last quarter. 57.65% of the stock is owned by institutional investors.

iShares U.S. Technology ETF Price Performance

NYSEARCA:IYW opened at $198.37 on Friday. iShares U.S. Technology ETF has a one year low of $117.55 and a one year high of $211.98. The company has a market cap of $20.72 billion, a P/E ratio of 34.95 and a beta of 1.23. The firm’s fifty day moving average price is $200.23 and its two-hundred day moving average price is $194.07.

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.