First Citizens Bank & Trust Co. Reduces Stock Position in iShares U.S. Technology ETF $IYW

First Citizens Bank & Trust Co. lessened its holdings in iShares U.S. Technology ETF (NYSEARCA:IYW) by 79.5% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,848 shares of the exchange traded fund’s stock after selling 7,177 shares during the quarter. First Citizens Bank & Trust Co.’s holdings in iShares U.S. Technology ETF were worth $320,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the business. Harbor Asset Planning Inc. purchased a new position in shares of iShares U.S. Technology ETF during the second quarter worth about $27,000. Bogart Wealth LLC grew its holdings in shares of iShares U.S. Technology ETF by 189.3% during the second quarter. Bogart Wealth LLC now owns 162 shares of the exchange traded fund’s stock worth $28,000 after purchasing an additional 106 shares during the last quarter. Trust Co. of Vermont purchased a new position in shares of iShares U.S. Technology ETF during the first quarter worth about $30,000. Private Wealth Asset Management LLC purchased a new position in shares of iShares U.S. Technology ETF during the second quarter worth about $39,000. Finally, Park Square Financial Group LLC grew its holdings in shares of iShares U.S. Technology ETF by 588.2% during the first quarter. Park Square Financial Group LLC now owns 234 shares of the exchange traded fund’s stock worth $33,000 after purchasing an additional 200 shares during the last quarter. Hedge funds and other institutional investors own 57.65% of the company’s stock.

iShares U.S. Technology ETF Stock Performance

Shares of IYW stock opened at $203.09 on Monday. The stock’s 50-day moving average is $190.92 and its two-hundred day moving average is $172.67. 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.

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).