Old North State Wealth Management LLC Lowers Stock Holdings in iShares U.S. Technology ETF $IYW

Old North State Wealth Management LLC lessened its holdings in iShares U.S. Technology ETF (NYSEARCA:IYW) by 1.8% in the second quarter, according to its most recent filing with the SEC. The institutional investor owned 3,293 shares of the exchange traded fund’s stock after selling 62 shares during the period. Old North State Wealth Management LLC’s holdings in iShares U.S. Technology ETF were worth $572,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the business. Perigon Wealth Management LLC grew its holdings in iShares U.S. Technology ETF by 0.6% during the 2nd quarter. Perigon Wealth Management LLC now owns 114,246 shares of the exchange traded fund’s stock valued at $19,795,000 after buying an additional 726 shares in the last quarter. Centerline Wealth Advisors LLC grew its stake in iShares U.S. Technology ETF by 33.3% during the second quarter. Centerline Wealth Advisors LLC now owns 48,764 shares of the exchange traded fund’s stock valued at $8,449,000 after acquiring an additional 12,180 shares in the last quarter. Signet Financial Management LLC grew its stake in iShares U.S. Technology ETF by 9.6% during the second quarter. Signet Financial Management LLC now owns 9,478 shares of the exchange traded fund’s stock valued at $1,642,000 after acquiring an additional 832 shares in the last quarter. Verum Partners LLC purchased a new position in iShares U.S. Technology ETF during the second quarter valued at $237,000. Finally, Evanson Asset Management LLC purchased a new position in iShares U.S. Technology ETF during the second quarter valued at $204,000. Hedge funds and other institutional investors own 57.65% of the company’s stock.

iShares U.S. Technology ETF Price Performance

NYSEARCA IYW opened at $193.48 on Friday. The stock has a market capitalization of $24.19 billion, a PE ratio of 34.95 and a beta of 1.15. The business has a 50 day simple moving average of $184.02 and a two-hundred day simple moving average of $163.91. iShares U.S. Technology ETF has a 1-year low of $117.55 and a 1-year high of $197.11.

iShares U.S. Technology ETF 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).