Ascent Group LLC Sells 121,727 Shares of iShares U.S. Technology ETF $IYW

Ascent Group LLC lowered its position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 84.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 22,563 shares of the exchange traded fund’s stock after selling 121,727 shares during the period. Ascent Group LLC’s holdings in iShares U.S. Technology ETF were worth $4,419,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in IYW. Bell Investment Advisors Inc purchased a new position in shares of iShares U.S. Technology ETF during the second quarter worth about $25,000. Harbor Asset Planning Inc. bought a new stake in iShares U.S. Technology ETF during the second quarter valued at approximately $27,000. Bogart Wealth LLC grew its stake in iShares U.S. Technology ETF by 189.3% in the 2nd quarter. Bogart Wealth LLC now owns 162 shares of the exchange traded fund’s stock worth $28,000 after buying an additional 106 shares in the last quarter. Abound Wealth Management bought a new position in shares of iShares U.S. Technology ETF in the 3rd quarter worth $34,000. Finally, Tsfg LLC increased its holdings in shares of iShares U.S. Technology ETF by 35.4% in the 2nd quarter. Tsfg LLC now owns 222 shares of the exchange traded fund’s stock worth $38,000 after buying an additional 58 shares during the last quarter. 57.65% of the stock is currently owned by hedge funds and other institutional investors.

iShares U.S. Technology ETF Stock Performance

NYSEARCA IYW opened at $201.51 on Wednesday. iShares U.S. Technology ETF has a 52-week low of $117.55 and a 52-week high of $211.98. The company has a market capitalization of $21.72 billion, a P/E ratio of 34.95 and a beta of 1.23. The company has a fifty day moving average of $200.69 and a 200-day moving average of $189.53.

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). 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.