5T Wealth LLC Decreases Position in iShares U.S. Technology ETF $IYW

5T Wealth LLC decreased its position in iShares U.S. Technology ETF (NYSEARCA:IYW) by 65.6% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 2,223 shares of the exchange traded fund’s stock after selling 4,245 shares during the period. 5T Wealth LLC’s holdings in iShares U.S. Technology ETF were worth $435,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Bell Investment Advisors Inc purchased a new position in iShares U.S. Technology ETF during the second quarter worth about $25,000. Harbor Asset Planning Inc. acquired a new position in shares of iShares U.S. Technology ETF during the 2nd quarter valued at about $27,000. Bogart Wealth LLC lifted its holdings in shares of iShares U.S. Technology ETF by 189.3% during the 2nd quarter. Bogart Wealth LLC now owns 162 shares of the exchange traded fund’s stock worth $28,000 after acquiring an additional 106 shares during the period. Abound Wealth Management acquired a new stake in shares of iShares U.S. Technology ETF in the third quarter worth approximately $34,000. Finally, Tsfg LLC grew its holdings in iShares U.S. Technology ETF by 35.4% in the second quarter. Tsfg LLC now owns 222 shares of the exchange traded fund’s stock valued at $38,000 after purchasing an additional 58 shares during the period. Institutional investors and hedge funds own 57.65% of the company’s stock.

iShares U.S. Technology ETF Stock Performance

Shares of IYW stock opened at $202.92 on Monday. The firm has a market capitalization of $21.87 billion, a price-to-earnings ratio of 34.95 and a beta of 1.23. iShares U.S. Technology ETF has a one year low of $117.55 and a one year high of $211.98. The company has a 50 day moving average price of $200.61 and a 200 day moving average price of $189.00.

About iShares U.S. Technology ETF

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.