Cetera Investment Advisers Cuts Position in iShares U.S. Technology ETF (NYSEARCA:IYW)

Cetera Investment Advisers cut its stake in iShares U.S. Technology ETF (NYSEARCA:IYWGet Rating) by 28.3% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 33,332 shares of the exchange traded fund’s stock after selling 13,164 shares during the period. Cetera Investment Advisers’ holdings in iShares U.S. Technology ETF were worth $2,665,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Prudential Financial Inc. boosted its position in iShares U.S. Technology ETF by 5.2% during the first quarter. Prudential Financial Inc. now owns 4,112,360 shares of the exchange traded fund’s stock worth $423,738,000 after purchasing an additional 203,317 shares in the last quarter. CFS Investment Advisory Services LLC raised its stake in shares of iShares U.S. Technology ETF by 10,313.1% during the 1st quarter. CFS Investment Advisory Services LLC now owns 4,033,398 shares of the exchange traded fund’s stock worth $39,000 after buying an additional 3,994,664 shares during the last quarter. Bank of Montreal Can raised its stake in shares of iShares U.S. Technology ETF by 1,935.2% during the 2nd quarter. Bank of Montreal Can now owns 2,745,571 shares of the exchange traded fund’s stock worth $229,284,000 after buying an additional 2,610,670 shares during the last quarter. UBS Group AG raised its stake in shares of iShares U.S. Technology ETF by 2.5% during the 1st quarter. UBS Group AG now owns 1,955,815 shares of the exchange traded fund’s stock worth $201,527,000 after buying an additional 47,417 shares during the last quarter. Finally, Royal Bank of Canada raised its stake in shares of iShares U.S. Technology ETF by 18.8% during the 1st quarter. Royal Bank of Canada now owns 1,047,112 shares of the exchange traded fund’s stock worth $107,894,000 after buying an additional 165,385 shares during the last quarter.

iShares U.S. Technology ETF Stock Up 1.2 %

NYSEARCA:IYW opened at $80.33 on Friday. iShares U.S. Technology ETF has a 52-week low of $69.49 and a 52-week high of $117.36. The stock has a fifty day simple moving average of $76.22 and a 200-day simple moving average of $82.18.

iShares U.S. Technology ETF Profile

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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).

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Institutional Ownership by Quarter for iShares U.S. Technology ETF (NYSEARCA:IYW)

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