iShares U.S. Technology ETF $IYW Shares Sold by JPMorgan Chase & Co.

JPMorgan Chase & Co. cut its holdings in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 5.8% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 3,001,420 shares of the exchange traded fund’s stock after selling 183,684 shares during the period. JPMorgan Chase & Co. owned approximately 2.78% of iShares U.S. Technology ETF worth $587,858,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of IYW. Human Investing LLC lifted its position in shares of iShares U.S. Technology ETF by 2.7% in the 3rd quarter. Human Investing LLC now owns 1,853 shares of the exchange traded fund’s stock valued at $363,000 after acquiring an additional 49 shares in the last quarter. Howard Capital Management Inc. lifted its holdings in shares of iShares U.S. Technology ETF by 1.0% in the third quarter. Howard Capital Management Inc. now owns 5,403 shares of the exchange traded fund’s stock valued at $1,058,000 after purchasing an additional 54 shares in the last quarter. Occidental Asset Management LLC boosted its position in shares of iShares U.S. Technology ETF by 1.2% in the third quarter. Occidental Asset Management LLC now owns 4,860 shares of the exchange traded fund’s stock worth $952,000 after buying an additional 56 shares during the period. Tsfg LLC grew its holdings in shares of iShares U.S. Technology ETF by 35.4% during the second quarter. Tsfg LLC now owns 222 shares of the exchange traded fund’s stock valued at $38,000 after buying an additional 58 shares in the last quarter. Finally, Greenleaf Trust grew its holdings in shares of iShares U.S. Technology ETF by 1.0% during the third quarter. Greenleaf Trust now owns 5,715 shares of the exchange traded fund’s stock valued at $1,119,000 after buying an additional 58 shares in the last quarter. Institutional investors and hedge funds own 57.65% of the company’s stock.

iShares U.S. Technology ETF Trading Up 1.0%

Shares of iShares U.S. Technology ETF stock opened at $192.48 on Thursday. iShares U.S. Technology ETF has a 1 year low of $117.55 and a 1 year high of $211.98. The company has a market cap of $20.14 billion, a P/E ratio of 34.95 and a beta of 1.23. The stock has a 50-day moving average price of $198.33 and a 200 day moving average price of $195.30.

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.