HC Advisors LLC Decreases Position in iShares U.S. Technology ETF $IYW

HC Advisors LLC lowered its position in iShares U.S. Technology ETF (NYSEARCA:IYW) by 3.2% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 81,474 shares of the exchange traded fund’s stock after selling 2,708 shares during the period. iShares U.S. Technology ETF accounts for 10.0% of HC Advisors LLC’s portfolio, making the stock its 3rd largest holding. HC Advisors LLC owned about 0.06% of iShares U.S. Technology ETF worth $14,117,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the business. Bank of New York Mellon Corp raised its position in iShares U.S. Technology ETF by 9.1% in the 1st quarter. Bank of New York Mellon Corp now owns 376,895 shares of the exchange traded fund’s stock valued at $52,931,000 after purchasing an additional 31,300 shares during the last quarter. Brown Advisory Inc. grew its holdings in shares of iShares U.S. Technology ETF by 54.3% during the first quarter. Brown Advisory Inc. now owns 24,466 shares of the exchange traded fund’s stock worth $3,436,000 after purchasing an additional 8,605 shares during the last quarter. Allworth Financial LP increased its stake in shares of iShares U.S. Technology ETF by 1.4% in the first quarter. Allworth Financial LP now owns 8,113 shares of the exchange traded fund’s stock valued at $1,137,000 after buying an additional 112 shares in the last quarter. Cerity Partners LLC raised its holdings in shares of iShares U.S. Technology ETF by 5.1% in the first quarter. Cerity Partners LLC now owns 54,535 shares of the exchange traded fund’s stock valued at $7,659,000 after buying an additional 2,664 shares during the last quarter. Finally, Kesler Norman & Wride LLC raised its holdings in shares of iShares U.S. Technology ETF by 7.7% in the first quarter. Kesler Norman & Wride LLC now owns 5,588 shares of the exchange traded fund’s stock valued at $785,000 after buying an additional 400 shares during the last quarter. 57.65% of the stock is owned by institutional investors and hedge funds.

iShares U.S. Technology ETF Stock Down 0.3%

Shares of NYSEARCA IYW opened at $199.54 on Friday. iShares U.S. Technology ETF has a 12-month low of $117.55 and a 12-month high of $211.98. The firm’s 50-day simple moving average is $195.80 and its 200 day simple moving average is $177.74. The company has a market cap of $21.51 billion, a price-to-earnings ratio of 34.95 and a beta of 1.23.

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).