iShares U.S. Technology ETF $IYW Shares Sold by Cyndeo Wealth Partners LLC

Cyndeo Wealth Partners LLC trimmed its position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 15.1% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 10,540 shares of the exchange traded fund’s stock after selling 1,879 shares during the period. Cyndeo Wealth Partners LLC’s holdings in iShares U.S. Technology ETF were worth $1,826,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Hoey Investments Inc. grew its position in iShares U.S. Technology ETF by 31.6% during the 2nd quarter. Hoey Investments Inc. now owns 250 shares of the exchange traded fund’s stock worth $43,000 after purchasing an additional 60 shares in the last quarter. True Vision MN LLC grew its position in iShares U.S. Technology ETF by 0.4% during the 1st quarter. True Vision MN LLC now owns 19,475 shares of the exchange traded fund’s stock worth $2,735,000 after purchasing an additional 72 shares in the last quarter. Continuum Advisory LLC grew its position in iShares U.S. Technology ETF by 11.4% during the 1st quarter. Continuum Advisory LLC now owns 750 shares of the exchange traded fund’s stock worth $105,000 after purchasing an additional 77 shares in the last quarter. Resurgent Financial Advisors LLC grew its position in iShares U.S. Technology ETF by 2.8% during the 1st quarter. Resurgent Financial Advisors LLC now owns 2,889 shares of the exchange traded fund’s stock worth $406,000 after purchasing an additional 80 shares in the last quarter. Finally, NorthRock Partners LLC grew its position in iShares U.S. Technology ETF by 1.5% during the 1st quarter. NorthRock Partners LLC now owns 5,576 shares of the exchange traded fund’s stock worth $783,000 after purchasing an additional 83 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 Stock Performance

NYSEARCA IYW opened at $192.80 on Friday. iShares U.S. Technology ETF has a twelve month low of $117.55 and a twelve month high of $201.50. The stock has a market cap of $20.47 billion, a price-to-earnings ratio of 34.95 and a beta of 1.15. The firm’s 50 day moving average price is $187.90 and its two-hundred day moving average price is $167.81.

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).