Ashton Thomas Private Wealth LLC Sells 278,607 Shares of iShares U.S. Technology ETF $IYW

Ashton Thomas Private Wealth LLC decreased its position in iShares U.S. Technology ETF (NYSEARCA:IYW) by 86.3% during the 2nd quarter, Holdings Channel reports. The firm owned 44,256 shares of the exchange traded fund’s stock after selling 278,607 shares during the quarter. Ashton Thomas Private Wealth LLC’s holdings in iShares U.S. Technology ETF were worth $7,668,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the company. LPL Financial LLC grew its holdings 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 worth $749,354,000 after purchasing an additional 224,438 shares during the last quarter. PGIM Custom Harvest LLC grew its holdings in iShares U.S. Technology ETF by 4.4% during the 1st quarter. PGIM Custom Harvest LLC now owns 4,528,761 shares of the exchange traded fund’s stock worth $636,019,000 after acquiring an additional 192,008 shares during the last quarter. The Manufacturers Life Insurance Company grew its holdings in iShares U.S. Technology ETF by 113.3% during the 1st quarter. The Manufacturers Life Insurance Company now owns 1,021,938 shares of the exchange traded fund’s stock worth $143,521,000 after acquiring an additional 542,816 shares during the last quarter. Commonwealth Equity Services LLC grew its holdings in iShares U.S. Technology ETF by 8.3% during the 1st quarter. Commonwealth Equity Services LLC now owns 945,244 shares of the exchange traded fund’s stock worth $132,750,000 after acquiring an additional 72,139 shares during the last quarter. Finally, Cetera Investment Advisers grew its holdings in iShares U.S. Technology ETF by 1.5% during the 1st quarter. Cetera Investment Advisers now owns 703,233 shares of the exchange traded fund’s stock worth $98,762,000 after acquiring an additional 10,647 shares during the last quarter. Institutional investors own 57.65% of the company’s stock.

iShares U.S. Technology ETF Stock Up 1.6%

Shares of NYSEARCA:IYW opened at $203.09 on Monday. iShares U.S. Technology ETF has a 12 month low of $117.55 and a 12 month high of $203.85. The company’s 50-day moving average price is $190.92 and its two-hundred day moving average price is $172.67. The firm has a market cap of $21.66 billion, a P/E ratio of 34.95 and a beta of 1.15.

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).