Liberty Wealth Management LLC Trims Position in iShares U.S. Technology ETF $IYW

Liberty Wealth Management LLC cut its stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 6.8% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 44,821 shares of the exchange traded fund’s stock after selling 3,279 shares during the period. iShares U.S. Technology ETF accounts for approximately 1.2% of Liberty Wealth Management LLC’s portfolio, making the stock its 20th largest holding. Liberty Wealth Management LLC’s holdings in iShares U.S. Technology ETF were worth $7,767,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. Harbor Asset Planning Inc. purchased a new position in iShares U.S. Technology ETF during the second quarter valued at approximately $27,000. Bogart Wealth LLC lifted 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 worth $28,000 after purchasing an additional 106 shares in the last quarter. Trust Co. of Vermont bought a new position in iShares U.S. Technology ETF in the 1st quarter valued at $30,000. Park Square Financial Group LLC grew its position in shares of iShares U.S. Technology ETF by 588.2% during the 1st quarter. Park Square Financial Group LLC now owns 234 shares of the exchange traded fund’s stock valued at $33,000 after purchasing an additional 200 shares in the last quarter. Finally, Accredited Wealth Management LLC purchased a new position in shares of iShares U.S. Technology ETF during the 1st quarter valued at $33,000. 57.65% of the stock is currently owned by institutional investors.

iShares U.S. Technology ETF Stock Performance

iShares U.S. Technology ETF stock opened at $203.09 on Monday. iShares U.S. Technology ETF has a fifty-two week low of $117.55 and a fifty-two week high of $203.85. The stock has a market cap of $21.66 billion, a P/E ratio of 34.95 and a beta of 1.15. The firm’s fifty day moving average price is $190.92 and its 200-day moving average price is $172.67.

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).