Simplicity Wealth LLC Reduces Stock Holdings in iShares U.S. Technology ETF $IYW

Simplicity Wealth LLC lowered its holdings in iShares U.S. Technology ETF (NYSEARCA:IYW) by 91.2% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,094 shares of the exchange traded fund’s stock after selling 21,750 shares during the quarter. Simplicity Wealth LLC’s holdings in iShares U.S. Technology ETF were worth $410,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in IYW. AQR Capital Management LLC raised its stake in shares of iShares U.S. Technology ETF by 58.1% during the 1st quarter. AQR Capital Management LLC now owns 10,066 shares of the exchange traded fund’s stock valued at $1,414,000 after buying an additional 3,699 shares during the last quarter. Fifth Third Bancorp grew its holdings in iShares U.S. Technology ETF by 6.1% during the second quarter. Fifth Third Bancorp now owns 2,848 shares of the exchange traded fund’s stock worth $493,000 after acquiring an additional 163 shares during the period. Novem Group acquired a new stake in iShares U.S. Technology ETF during the second quarter worth about $222,000. Paragon Capital Management Ltd purchased a new position in iShares U.S. Technology ETF during the second quarter valued at approximately $208,000. Finally, ORG Partners LLC lifted its holdings in iShares U.S. Technology ETF by 215.3% in the second quarter. ORG Partners LLC now owns 2,469 shares of the exchange traded fund’s stock valued at $423,000 after acquiring an additional 1,686 shares during the period. 57.65% of the stock is currently owned by institutional investors and hedge funds.

iShares U.S. Technology ETF Price Performance

Shares of NYSEARCA IYW opened at $199.72 on Monday. The stock has a market capitalization of $20.89 billion, a price-to-earnings ratio of 34.95 and a beta of 1.23. The firm’s 50 day simple moving average is $199.30 and its 200-day simple moving average is $193.28. iShares U.S. Technology ETF has a 12 month low of $117.55 and a 12 month 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.