Fullcircle Wealth LLC Trims Stake in iShares U.S. Technology ETF $IYW

Fullcircle Wealth LLC cut its holdings in iShares U.S. Technology ETF (NYSEARCA:IYW) by 73.9% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,796 shares of the exchange traded fund’s stock after selling 5,086 shares during the period. Fullcircle Wealth LLC’s holdings in iShares U.S. Technology ETF were worth $366,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of IYW. Laurel Wealth Advisors LLC increased its position in 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 worth $639,369,000 after buying an additional 3,670,235 shares in the last quarter. Hsbc Holdings PLC grew its stake in shares of iShares U.S. Technology ETF by 52.6% during 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 acquiring an additional 401,472 shares during the period. Parker Investment Management LLC grew its stake in shares of iShares U.S. Technology ETF by 126.4% during the 2nd quarter. Parker Investment Management LLC now owns 700,717 shares of the exchange traded fund’s stock valued at $121,413,000 after acquiring an additional 391,273 shares during the period. Sagespring Wealth Partners LLC increased its holdings in iShares U.S. Technology ETF by 41.1% in the 3rd quarter. Sagespring Wealth Partners LLC now owns 737,156 shares of the exchange traded fund’s stock worth $144,379,000 after acquiring an additional 214,654 shares in the last quarter. Finally, Pinkerton Wealth LLC bought a new stake in iShares U.S. Technology ETF during the 2nd quarter worth approximately $34,296,000. Institutional investors own 57.65% of the company’s stock.

iShares U.S. Technology ETF Price Performance

Shares of NYSEARCA:IYW opened at $193.49 on Monday. The company has a market capitalization of $20.25 billion, a P/E ratio of 34.95 and a beta of 1.23. iShares U.S. Technology ETF has a 1-year low of $117.55 and a 1-year high of $211.98. The firm’s 50 day simple moving average is $199.87 and its two-hundred day simple moving average is $194.70.

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.