Quotient Wealth Partners LLC Cuts Stock Position in iShares U.S. Technology ETF $IYW

Quotient Wealth Partners LLC cut its position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 3.7% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 368,681 shares of the exchange traded fund’s stock after selling 14,296 shares during the quarter. iShares U.S. Technology ETF makes up about 2.0% of Quotient Wealth Partners LLC’s investment portfolio, making the stock its 15th largest position. Quotient Wealth Partners LLC owned 0.35% of iShares U.S. Technology ETF worth $72,210,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of IYW. Abound Wealth Management purchased a new stake in iShares U.S. Technology ETF in the third quarter worth approximately $34,000. Focus Financial Network Inc. lifted its holdings in shares of iShares U.S. Technology ETF by 0.3% in the 3rd quarter. Focus Financial Network Inc. now owns 43,389 shares of the exchange traded fund’s stock worth $8,498,000 after acquiring an additional 142 shares during the last quarter. Fiduciary Financial Group LLC purchased a new stake in shares of iShares U.S. Technology ETF in the 3rd quarter valued at $213,000. Independence Bank of Kentucky boosted its stake in shares of iShares U.S. Technology ETF by 7.0% in the 3rd quarter. Independence Bank of Kentucky now owns 2,296 shares of the exchange traded fund’s stock valued at $450,000 after purchasing an additional 150 shares in the last quarter. Finally, Lifestyle Asset Management Inc. grew its holdings in shares of iShares U.S. Technology ETF by 125.2% during the 3rd quarter. Lifestyle Asset Management Inc. now owns 13,541 shares of the exchange traded fund’s stock valued at $2,652,000 after purchasing an additional 7,528 shares during the last quarter. 57.65% of the stock is owned by hedge funds and other institutional investors.

iShares U.S. Technology ETF Stock Up 1.9%

Shares of NYSEARCA:IYW opened at $199.75 on Friday. The stock has a market cap of $21.53 billion, a PE ratio of 34.95 and a beta of 1.23. The company’s fifty day moving average is $200.03 and its 200 day moving average is $187.29. 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 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). The Index measures the performance of the technology sector of the United States equity market, and includes companies in the industry groups, such as software and computer services and technology hardware and equipment.