Kingsman Wealth Management Inc. Decreases Stake in iShares U.S. Technology ETF $IYW

Kingsman Wealth Management Inc. lowered its position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 1.5% in the second quarter, according to its most recent 13F filing with the SEC. The firm owned 27,349 shares of the exchange traded fund’s stock after selling 422 shares during the quarter. iShares U.S. Technology ETF comprises approximately 3.0% of Kingsman Wealth Management Inc.’s holdings, making the stock its 11th largest holding. Kingsman Wealth Management Inc.’s holdings in iShares U.S. Technology ETF were worth $4,739,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. The Manufacturers Life Insurance Company boosted its position in 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 worth $143,521,000 after purchasing an additional 542,816 shares during the period. Sofi Wealth LLC boosted its position in shares of iShares U.S. Technology ETF by 4,780.8% in the first quarter. Sofi Wealth LLC now owns 405,256 shares of the exchange traded fund’s stock worth $56,914,000 after buying an additional 396,953 shares during the period. Liberty Wealth Management LLC boosted its position in shares of iShares U.S. Technology ETF by 795.5% in the first quarter. Liberty Wealth Management LLC now owns 416,723 shares of the exchange traded fund’s stock worth $58,525,000 after buying an additional 370,190 shares during the period. GAMMA Investing LLC boosted its position in shares of iShares U.S. Technology ETF by 13,892.3% in the first quarter. GAMMA Investing LLC now owns 304,193 shares of the exchange traded fund’s stock worth $42,721,000 after buying an additional 302,019 shares during the period. Finally, Ashton Thomas Private Wealth LLC boosted its position in shares of iShares U.S. Technology ETF by 597.9% in the first quarter. Ashton Thomas Private Wealth LLC now owns 322,863 shares of the exchange traded fund’s stock worth $45,343,000 after buying an additional 276,601 shares during the period. Hedge funds and other institutional investors own 57.65% of the company’s stock.

iShares U.S. Technology ETF Price Performance

Shares of NYSEARCA IYW opened at $193.48 on Friday. The company has a market capitalization of $24.19 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 $197.11. The business has a 50-day moving average of $184.02 and a 200-day moving average of $163.91.

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).