Financial Life Advisors Sells 24,481 Shares of iShares U.S. Technology ETF $IYW

Financial Life Advisors reduced its holdings in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 50.3% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 24,153 shares of the exchange traded fund’s stock after selling 24,481 shares during the period. iShares U.S. Technology ETF comprises about 1.7% of Financial Life Advisors’ investment portfolio, making the stock its 15th biggest position. Financial Life Advisors’ holdings in iShares U.S. Technology ETF were worth $6,092,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Monetary Solutions Ltd acquired a new position in iShares U.S. Technology ETF in the fourth quarter worth about $26,000. Sankala Group LLC acquired a new stake in iShares U.S. Technology ETF during the fourth quarter valued at approximately $26,000. Miller Capital Partners Inc. acquired a new stake in iShares U.S. Technology ETF during the fourth quarter valued at approximately $28,000. Triumph Capital Management bought a new stake in shares of iShares U.S. Technology ETF in the 3rd quarter valued at approximately $28,000. Finally, Citizens National Bank Trust Department bought a new stake in shares of iShares U.S. Technology ETF in the 1st quarter valued at approximately $31,000. Institutional investors own 57.65% of the company’s stock.

iShares U.S. Technology ETF Trading Up 0.0%

Shares of IYW opened at $251.28 on Tuesday. iShares U.S. Technology ETF has a 1 year low of $172.54 and a 1 year high of $261.01. The stock has a 50 day simple moving average of $245.90 and a 200-day simple moving average of $224.77. The stock has a market cap of $24.89 billion, a PE ratio of 34.95 and a beta of 1.36.

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.