International Assets Investment Management LLC Sells 21,617 Shares of iShares U.S. Technology ETF $IYW

International Assets Investment Management LLC lowered its holdings in iShares U.S. Technology ETF (NYSEARCA:IYW) by 78.1% in the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 6,075 shares of the exchange traded fund’s stock after selling 21,617 shares during the quarter. International Assets Investment Management LLC’s holdings in iShares U.S. Technology ETF were worth $1,053,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Bank of New York Mellon Corp grew its position in shares of iShares U.S. Technology ETF by 9.1% in the 1st quarter. Bank of New York Mellon Corp now owns 376,895 shares of the exchange traded fund’s stock worth $52,931,000 after buying an additional 31,300 shares during the last quarter. Picton Mahoney Asset Management grew its position in shares of iShares U.S. Technology ETF by 16.7% in the 1st quarter. Picton Mahoney Asset Management now owns 700 shares of the exchange traded fund’s stock worth $98,000 after buying an additional 100 shares during the last quarter. Presilium Private Wealth LLC bought a new stake in shares of iShares U.S. Technology ETF in the 2nd quarter worth approximately $203,000. Wealth Enhancement Advisory Services LLC grew its position in shares of iShares U.S. Technology ETF by 12.4% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 143,291 shares of the exchange traded fund’s stock worth $20,124,000 after buying an additional 15,785 shares during the last quarter. Finally, Arkadios Wealth Advisors grew its position in shares of iShares U.S. Technology ETF by 66.4% in the 1st quarter. Arkadios Wealth Advisors now owns 21,965 shares of the exchange traded fund’s stock worth $3,085,000 after buying an additional 8,764 shares during the last quarter. 57.65% of the stock is currently owned by institutional investors.

iShares U.S. Technology ETF Stock Performance

Shares of NYSEARCA:IYW opened at $197.17 on Monday. iShares U.S. Technology ETF has a 52-week low of $117.55 and a 52-week high of $201.50. The firm has a market capitalization of $21.09 billion, a P/E ratio of 34.95 and a beta of 1.15. The stock has a 50 day moving average price of $189.37 and a 200-day moving average price of $170.11.

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).