Cypress Wealth Services LLC Has $4.29 Million Holdings in iShares U.S. Technology ETF $IYW

Cypress Wealth Services LLC lessened its stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 54.6% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 21,896 shares of the exchange traded fund’s stock after selling 26,282 shares during the quarter. Cypress Wealth Services LLC’s holdings in iShares U.S. Technology ETF were worth $4,289,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of IYW. Summit Financial Consulting LLC bought a new position in shares of iShares U.S. Technology ETF during the third quarter valued at $6,820,000. Affiance Financial LLC increased its position in shares of iShares U.S. Technology ETF by 2.7% during the 3rd quarter. Affiance Financial LLC now owns 4,800 shares of the exchange traded fund’s stock worth $940,000 after purchasing an additional 124 shares in the last quarter. LongView Wealth Management lifted its holdings in iShares U.S. Technology ETF by 1.5% during the 3rd quarter. LongView Wealth Management now owns 13,229 shares of the exchange traded fund’s stock valued at $2,591,000 after purchasing an additional 190 shares during the last quarter. Private Client Services LLC lifted its holdings in iShares U.S. Technology ETF by 8.8% during the 3rd quarter. Private Client Services LLC now owns 4,576 shares of the exchange traded fund’s stock valued at $896,000 after purchasing an additional 369 shares during the last quarter. Finally, Fifth Third Securities Inc. boosted its position in iShares U.S. Technology ETF by 3.8% in the third quarter. Fifth Third Securities Inc. now owns 52,328 shares of the exchange traded fund’s stock valued at $10,249,000 after buying an additional 1,931 shares in the last quarter. 57.65% of the stock is currently owned by institutional investors.

iShares U.S. Technology ETF Trading Up 0.7%

Shares of iShares U.S. Technology ETF stock opened at $202.22 on Wednesday. The stock has a market capitalization of $21.80 billion, a price-to-earnings ratio of 34.95 and a beta of 1.23. The firm’s 50-day moving average price is $200.25 and its two-hundred day moving average price is $188.20. iShares U.S. Technology ETF has a 1-year low of $117.55 and a 1-year high of $211.98.

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). 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.