BIP Wealth LLC Has $280,000 Stock Holdings in iShares U.S. Technology ETF $IYW

BIP Wealth LLC trimmed its holdings in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 27.4% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,615 shares of the exchange traded fund’s stock after selling 608 shares during the period. BIP Wealth LLC’s holdings in iShares U.S. Technology ETF were worth $280,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of IYW. Bank of New York Mellon Corp boosted its holdings in shares of iShares U.S. Technology ETF by 9.1% during the first quarter. Bank of New York Mellon Corp now owns 376,895 shares of the exchange traded fund’s stock worth $52,931,000 after purchasing an additional 31,300 shares during the period. Picton Mahoney Asset Management boosted its stake in shares of iShares U.S. Technology ETF by 16.7% during the 1st quarter. Picton Mahoney Asset Management now owns 700 shares of the exchange traded fund’s stock valued at $98,000 after buying an additional 100 shares during the period. Presilium Private Wealth LLC acquired a new stake in shares of iShares U.S. Technology ETF during the 2nd quarter valued at $203,000. Arkadios Wealth Advisors grew its holdings in shares of iShares U.S. Technology ETF by 66.4% during the 1st quarter. Arkadios Wealth Advisors now owns 21,965 shares of the exchange traded fund’s stock valued at $3,085,000 after acquiring an additional 8,764 shares in the last quarter. Finally, Sigma Investment Counselors Inc. acquired a new position in shares of iShares U.S. Technology ETF in the second quarter worth $224,000. 57.65% of the stock is currently owned by institutional investors and hedge funds.

iShares U.S. Technology ETF Trading Up 1.6%

Shares of NYSEARCA:IYW opened at $203.09 on Friday. The firm has a market cap of $21.66 billion, a price-to-earnings ratio of 34.95 and a beta of 1.15. iShares U.S. Technology ETF has a 1 year low of $117.55 and a 1 year high of $203.85. The business has a fifty day simple moving average of $190.92 and a 200 day simple moving average of $172.44.

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).