Associated Banc Corp Sells 503 Shares of iShares U.S. Technology ETF $IYW

Associated Banc Corp reduced its stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 18.0% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,291 shares of the exchange traded fund’s stock after selling 503 shares during the period. Associated Banc Corp’s holdings in iShares U.S. Technology ETF were worth $397,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. PGIM Custom Harvest LLC lifted its holdings in iShares U.S. Technology ETF by 4.4% during the first quarter. PGIM Custom Harvest LLC now owns 4,528,761 shares of the exchange traded fund’s stock valued at $636,019,000 after purchasing an additional 192,008 shares in the last quarter. Laurel Wealth Advisors LLC increased its stake in shares of iShares U.S. Technology ETF by 18,553.4% in the second quarter. Laurel Wealth Advisors LLC now owns 3,690,017 shares of the exchange traded fund’s stock worth $639,369,000 after purchasing an additional 3,670,235 shares in the last quarter. The Manufacturers Life Insurance Company raised its position 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 purchasing an additional 542,816 shares during the period. Commonwealth Equity Services LLC lifted its stake in shares of iShares U.S. Technology ETF by 8.3% during the 1st quarter. Commonwealth Equity Services LLC now owns 945,244 shares of the exchange traded fund’s stock valued at $132,750,000 after buying an additional 72,139 shares in the last quarter. Finally, RiverFront Investment Group LLC lifted its stake in shares of iShares U.S. Technology ETF by 2.8% during the 2nd quarter. RiverFront Investment Group LLC now owns 861,595 shares of the exchange traded fund’s stock valued at $149,289,000 after buying an additional 23,387 shares in the last quarter. 57.65% of the stock is owned by hedge funds and other institutional investors.

iShares U.S. Technology ETF Stock Performance

Shares of IYW stock opened at $195.49 on Wednesday. The stock has a fifty day simple moving average of $198.58 and a two-hundred day simple moving average of $182.42. The firm has a market capitalization of $21.07 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.

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).