Lantz Financial LLC Sells 7,736 Shares of iShares U.S. Technology ETF $IYW

Lantz Financial LLC decreased its position in iShares U.S. Technology ETF (NYSEARCA:IYW) by 61.1% during the 3rd quarter, Holdings Channel.com reports. The firm owned 4,927 shares of the exchange traded fund’s stock after selling 7,736 shares during the period. Lantz Financial LLC’s holdings in iShares U.S. Technology ETF were worth $965,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Collier Financial purchased a new stake in iShares U.S. Technology ETF in the third quarter worth $37,000. Signature Estate & Investment Advisors LLC grew its stake in shares of iShares U.S. Technology ETF by 97.5% during the 3rd quarter. Signature Estate & Investment Advisors LLC now owns 6,783 shares of the exchange traded fund’s stock worth $1,328,000 after acquiring an additional 3,348 shares during the period. Moloney Securities Asset Management LLC grew its stake in shares of iShares U.S. Technology ETF by 579.4% during the 3rd quarter. Moloney Securities Asset Management LLC now owns 58,238 shares of the exchange traded fund’s stock worth $11,407,000 after acquiring an additional 49,666 shares during the period. Soundwatch Capital LLC purchased a new stake in iShares U.S. Technology ETF in the 3rd quarter worth about $330,000. Finally, MMA Asset Management LLC raised its stake in iShares U.S. Technology ETF by 100.0% in the 3rd quarter. MMA Asset Management LLC now owns 3,360 shares of the exchange traded fund’s stock valued at $658,000 after acquiring an additional 1,680 shares during the period. 57.65% of the stock is owned by institutional investors.

iShares U.S. Technology ETF Stock Up 3.6%

NYSEARCA IYW opened at $193.49 on Friday. The company has a market cap of $20.25 billion, a PE ratio of 34.95 and a beta of 1.23. iShares U.S. Technology ETF has a 52 week low of $117.55 and a 52 week high of $211.98. The firm’s 50-day simple moving average is $199.87 and its two-hundred day simple moving average is $194.59.

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.