Prime Capital Investment Advisors LLC Sells 1,857 Shares of iShares U.S. Technology ETF $IYW

Prime Capital Investment Advisors LLC lessened its holdings in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 3.7% in the second quarter, according to its most recent filing with the SEC. The firm owned 48,305 shares of the exchange traded fund’s stock after selling 1,857 shares during the period. Prime Capital Investment Advisors LLC’s holdings in iShares U.S. Technology ETF were worth $8,370,000 as of its most recent filing with the SEC.

A number of other large investors also recently made changes to their positions in the stock. The Manufacturers Life Insurance Company increased its holdings in iShares U.S. Technology ETF by 113.3% in the first 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 purchasing an additional 542,816 shares during the last quarter. Sofi Wealth LLC grew its position in shares of iShares U.S. Technology ETF by 4,780.8% during the 1st quarter. Sofi Wealth LLC now owns 405,256 shares of the exchange traded fund’s stock worth $56,914,000 after buying an additional 396,953 shares during the period. Liberty Wealth Management LLC increased its stake in shares of 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 during the last quarter. Ashton Thomas Private Wealth LLC increased its stake in shares of 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 during the last quarter. Finally, LPL Financial LLC raised its position in shares of 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 during the period. Institutional investors and hedge funds own 57.65% of the company’s stock.

iShares U.S. Technology ETF Stock Performance

Shares of NYSEARCA:IYW opened at $199.43 on Tuesday. The company has a 50 day moving average price of $186.48 and a two-hundred day moving average price of $166.72. The company has a market capitalization of $21.40 billion, a PE ratio of 34.95 and a beta of 1.15. iShares U.S. Technology ETF has a 52 week low of $117.55 and a 52 week high of $200.34.

About iShares U.S. Technology ETF

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).