Jackson Wealth Management LLC Sells 265 Shares of iShares U.S. Technology ETF $IYW

Jackson Wealth Management LLC cut its holdings in iShares U.S. Technology ETF (NYSEARCA:IYW) by 0.5% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 51,250 shares of the exchange traded fund’s stock after selling 265 shares during the quarter. iShares U.S. Technology ETF accounts for approximately 1.0% of Jackson Wealth Management LLC’s holdings, making the stock its 28th largest position. Jackson Wealth Management LLC’s holdings in iShares U.S. Technology ETF were worth $8,880,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. The Manufacturers Life Insurance Company lifted its holdings in shares of iShares U.S. Technology ETF by 113.3% during the 1st quarter. The Manufacturers Life Insurance Company now owns 1,021,938 shares of the exchange traded fund’s stock valued at $143,521,000 after buying an additional 542,816 shares during the period. Sofi Wealth LLC lifted its holdings in shares of iShares U.S. Technology ETF by 4,780.8% during the 1st quarter. Sofi Wealth LLC now owns 405,256 shares of the exchange traded fund’s stock valued at $56,914,000 after buying an additional 396,953 shares during the period. Liberty Wealth Management LLC lifted its holdings in shares of iShares U.S. Technology ETF by 795.5% during the 1st quarter. Liberty Wealth Management LLC now owns 416,723 shares of the exchange traded fund’s stock valued at $58,525,000 after buying an additional 370,190 shares during the period. Ashton Thomas Private Wealth LLC lifted its holdings in shares of iShares U.S. Technology ETF by 597.9% during the 1st quarter. Ashton Thomas Private Wealth LLC now owns 322,863 shares of the exchange traded fund’s stock valued at $45,343,000 after buying an additional 276,601 shares during the period. Finally, LPL Financial LLC lifted its holdings in shares of iShares U.S. Technology ETF by 4.4% during the 1st quarter. LPL Financial LLC now owns 5,335,760 shares of the exchange traded fund’s stock valued at $749,354,000 after buying an additional 224,438 shares during the period. 57.65% of the stock is owned by institutional investors.

iShares U.S. Technology ETF Price Performance

NYSEARCA IYW opened at $197.46 on Friday. The business’s fifty day moving average price is $186.11 and its 200-day moving average price is $166.06. The stock has a market capitalization of $21.27 billion, a price-to-earnings ratio of 34.95 and a beta of 1.15. iShares U.S. Technology ETF has a 1-year low of $117.55 and a 1-year high of $199.31.

iShares U.S. Technology ETF Company 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).