KWB Wealth Has $9.76 Million Stake in iShares U.S. Technology ETF $IYW

KWB Wealth trimmed its stake in iShares U.S. Technology ETF (NYSEARCA:IYW) by 6.7% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 49,820 shares of the exchange traded fund’s stock after selling 3,586 shares during the period. iShares U.S. Technology ETF accounts for about 1.1% of KWB Wealth’s investment portfolio, making the stock its 22nd largest position. KWB Wealth’s holdings in iShares U.S. Technology ETF were worth $9,758,000 as of its most recent filing with the SEC.

A number of other large investors have also recently added to or reduced their stakes in the stock. Bell Investment Advisors Inc acquired a new position in iShares U.S. Technology ETF during the second quarter valued at approximately $25,000. Harbor Asset Planning Inc. bought a new stake in shares of iShares U.S. Technology ETF during the 2nd quarter worth $27,000. Bogart Wealth LLC grew its stake in iShares U.S. Technology ETF by 189.3% in the 2nd quarter. Bogart Wealth LLC now owns 162 shares of the exchange traded fund’s stock valued at $28,000 after buying an additional 106 shares during the last quarter. Tsfg LLC raised its holdings in iShares U.S. Technology ETF by 35.4% in the 2nd quarter. Tsfg LLC now owns 222 shares of the exchange traded fund’s stock worth $38,000 after acquiring an additional 58 shares during the period. Finally, Private Wealth Asset Management LLC acquired a new position in iShares U.S. Technology ETF during the 2nd quarter worth $39,000. Institutional investors own 57.65% of the company’s stock.

iShares U.S. Technology ETF Price Performance

IYW stock opened at $193.00 on Thursday. The stock has a market capitalization of $20.81 billion, a price-to-earnings ratio of 34.95 and a beta of 1.23. The company has a 50-day moving average of $199.98 and a two-hundred day moving average of $186.95. iShares U.S. Technology ETF has a 52-week low of $117.55 and a 52-week high of $211.98.

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).