Chicago Partners Investment Group LLC Lowers Holdings in iShares U.S. Technology ETF $IYW

Chicago Partners Investment Group LLC reduced its stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 6.6% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,426 shares of the exchange traded fund’s stock after selling 172 shares during the quarter. Chicago Partners Investment Group LLC’s holdings in iShares U.S. Technology ETF were worth $433,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the stock. LPL Financial LLC lifted its stake in shares of iShares U.S. Technology ETF by 4.4% during the 1st quarter. LPL Financial LLC now owns 5,335,760 shares of the exchange traded fund’s stock worth $749,354,000 after purchasing an additional 224,438 shares during the last quarter. PGIM Custom Harvest LLC increased its position in iShares U.S. Technology ETF by 4.4% during the 1st quarter. PGIM Custom Harvest LLC now owns 4,528,761 shares of the exchange traded fund’s stock valued at $636,019,000 after buying an additional 192,008 shares in the last quarter. The Manufacturers Life Insurance Company increased its position in iShares U.S. Technology ETF by 113.3% during the 1st quarter. The Manufacturers Life Insurance Company now owns 1,021,938 shares of the exchange traded fund’s stock valued at $143,521,000 after buying an additional 542,816 shares in the last quarter. Commonwealth Equity Services LLC increased its position in iShares U.S. Technology ETF by 8.3% during the 1st quarter. Commonwealth Equity Services LLC now owns 945,244 shares of the exchange traded fund’s stock valued at $132,750,000 after buying an additional 72,139 shares in the last quarter. Finally, Cetera Investment Advisers increased its position in iShares U.S. Technology ETF by 1.5% during the 1st quarter. Cetera Investment Advisers now owns 703,233 shares of the exchange traded fund’s stock valued at $98,762,000 after buying an additional 10,647 shares in the last quarter. 57.65% of the stock is currently owned by hedge funds and other institutional investors.

iShares U.S. Technology ETF Price Performance

Shares of NYSEARCA:IYW opened at $197.68 on Thursday. The business’s 50-day moving average is $190.23 and its 200 day moving average is $171.02. iShares U.S. Technology ETF has a 1 year low of $117.55 and a 1 year high of $201.50. The firm has a market capitalization of $21.11 billion, a P/E ratio of 34.95 and a beta of 1.15.

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).