iShares U.S. Technology ETF $IYW Shares Sold by Glenview Trust Co

Glenview Trust Co lowered its holdings in iShares U.S. Technology ETF (NYSEARCA:IYW) by 12.0% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 15,060 shares of the exchange traded fund’s stock after selling 2,060 shares during the period. Glenview Trust Co’s holdings in iShares U.S. Technology ETF were worth $2,732,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in IYW. AQR Capital Management LLC grew its holdings in iShares U.S. Technology ETF by 58.1% in the 1st quarter. AQR Capital Management LLC now owns 10,066 shares of the exchange traded fund’s stock valued at $1,414,000 after buying an additional 3,699 shares during the period. Russell Investments Group Ltd. increased its stake in shares of iShares U.S. Technology ETF by 9.8% during the 2nd quarter. Russell Investments Group Ltd. now owns 1,094 shares of the exchange traded fund’s stock valued at $190,000 after acquiring an additional 98 shares during the last quarter. First Trust Advisors LP purchased a new position in shares of iShares U.S. Technology ETF during the 2nd quarter worth about $222,000. Main Street Financial Solutions LLC lifted its holdings in shares of iShares U.S. Technology ETF by 95.7% during the 2nd quarter. Main Street Financial Solutions LLC now owns 2,851 shares of the exchange traded fund’s stock worth $494,000 after acquiring an additional 1,394 shares during the period. Finally, Ieq Capital LLC lifted its holdings in shares of iShares U.S. Technology ETF by 0.8% during the 2nd quarter. Ieq Capital LLC now owns 20,844 shares of the exchange traded fund’s stock worth $3,612,000 after acquiring an additional 166 shares during the period. 57.65% of the stock is currently owned by institutional investors and hedge funds.

iShares U.S. Technology ETF Stock Performance

IYW opened at $244.45 on Wednesday. iShares U.S. Technology ETF has a 1 year low of $172.54 and a 1 year high of $261.01. The company’s 50 day simple moving average is $245.81 and its 200 day simple moving average is $215.04. The stock has a market capitalization of $24.58 billion, a PE ratio of 34.95 and a beta of 1.35.

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.