iShares U.S. Technology ETF $IYW Shares Sold by 3Chopt Investment Partners LLC

3Chopt Investment Partners LLC reduced its position in iShares U.S. Technology ETF (NYSEARCA:IYW) by 34.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,810 shares of the exchange traded fund’s stock after selling 936 shares during the quarter. 3Chopt Investment Partners LLC’s holdings in iShares U.S. Technology ETF were worth $314,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of IYW. The Manufacturers Life Insurance Company grew its position in iShares U.S. Technology ETF by 113.3% in 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 acquiring an additional 542,816 shares in the last quarter. Sofi Wealth LLC grew its position in iShares U.S. Technology ETF by 4,780.8% in the 1st quarter. Sofi Wealth LLC now owns 405,256 shares of the exchange traded fund’s stock valued at $56,914,000 after acquiring an additional 396,953 shares in the last quarter. Liberty Wealth Management LLC grew its position in iShares U.S. Technology ETF by 795.5% in the 1st quarter. Liberty Wealth Management LLC now owns 416,723 shares of the exchange traded fund’s stock valued at $58,525,000 after acquiring an additional 370,190 shares in the last quarter. Ashton Thomas Private Wealth LLC grew its position in iShares U.S. Technology ETF by 597.9% in the 1st quarter. Ashton Thomas Private Wealth LLC now owns 322,863 shares of the exchange traded fund’s stock valued at $45,343,000 after acquiring an additional 276,601 shares in the last quarter. Finally, LPL Financial LLC grew its position in iShares U.S. Technology ETF by 4.4% in the 1st quarter. LPL Financial LLC now owns 5,335,760 shares of the exchange traded fund’s stock valued at $749,354,000 after acquiring an additional 224,438 shares in the last quarter. 57.65% of the stock is owned by institutional investors and hedge funds.

iShares U.S. Technology ETF Price Performance

NYSEARCA IYW opened at $192.80 on Friday. The stock has a 50-day moving average of $187.90 and a two-hundred day moving average of $167.81. The company has a market cap of $20.47 billion, a P/E 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 $201.50.

iShares U.S. Technology ETF 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).