C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors Has $6 Million Stake in iShares U.S. Technology ETF $IYW

C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors cut its holdings in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 68.3% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 30,648 shares of the exchange traded fund’s stock after selling 65,920 shares during the quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors’ holdings in iShares U.S. Technology ETF were worth $6,003,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in IYW. Laurel Wealth Advisors LLC raised its position 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 valued at $639,369,000 after purchasing an additional 3,670,235 shares during the period. Raymond James Financial Inc. grew its stake in iShares U.S. Technology ETF by 6.5% in the 2nd quarter. Raymond James Financial Inc. now owns 1,598,623 shares of the exchange traded fund’s stock valued at $276,993,000 after buying an additional 97,389 shares during the last quarter. Hsbc Holdings PLC grew its stake in iShares U.S. Technology ETF by 52.6% in the 2nd quarter. Hsbc Holdings PLC now owns 1,164,822 shares of the exchange traded fund’s stock valued at $201,829,000 after buying an additional 401,472 shares during the last quarter. Ameriprise Financial Inc. raised its holdings in iShares U.S. Technology ETF by 2.4% in the 2nd quarter. Ameriprise Financial Inc. now owns 1,156,536 shares of the exchange traded fund’s stock valued at $200,481,000 after acquiring an additional 27,056 shares during the period. Finally, RiverFront Investment Group LLC lifted its position in iShares U.S. Technology ETF by 2.8% during the second quarter. RiverFront Investment Group LLC now owns 861,595 shares of the exchange traded fund’s stock worth $149,289,000 after acquiring an additional 23,387 shares during the last quarter. Institutional investors own 57.65% of the company’s stock.

iShares U.S. Technology ETF Trading Up 0.1%

iShares U.S. Technology ETF stock opened at $199.89 on Friday. The company has a market capitalization of $21.55 billion, a price-to-earnings ratio of 34.95 and a beta of 1.23. iShares U.S. Technology ETF has a 12 month low of $117.55 and a 12 month high of $211.98. The stock’s 50 day moving average is $200.66 and its 200-day moving average is $189.90.

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.