Cyndeo Wealth Partners LLC Has $1.74 Million Holdings in iShares U.S. Technology ETF (NYSEARCA:IYW)

Cyndeo Wealth Partners LLC cut its stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 0.7% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 12,419 shares of the exchange traded fund’s stock after selling 92 shares during the period. Cyndeo Wealth Partners LLC’s holdings in iShares U.S. Technology ETF were worth $1,744,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Raymond James Financial Inc. acquired a new position in iShares U.S. Technology ETF in the fourth quarter valued at about $256,146,000. LPL Financial LLC grew its stake in iShares U.S. Technology ETF by 23.7% in the fourth quarter. LPL Financial LLC now owns 5,111,322 shares of the exchange traded fund’s stock valued at $815,358,000 after acquiring an additional 977,883 shares during the period. Hsbc Holdings PLC grew its stake in iShares U.S. Technology ETF by 682.9% in the fourth quarter. Hsbc Holdings PLC now owns 763,232 shares of the exchange traded fund’s stock valued at $121,751,000 after acquiring an additional 665,749 shares during the period. Sagespring Wealth Partners LLC acquired a new position in iShares U.S. Technology ETF in the fourth quarter valued at about $90,236,000. Finally, Dynasty Wealth Management LLC grew its stake in iShares U.S. Technology ETF by 54.8% in the fourth quarter. Dynasty Wealth Management LLC now owns 1,404,039 shares of the exchange traded fund’s stock valued at $223,972,000 after acquiring an additional 497,043 shares during the period.

iShares U.S. Technology ETF Trading Up 1.6%

NYSEARCA:IYW opened at $165.90 on Tuesday. The stock has a market cap of $20.37 billion, a price-to-earnings ratio of 35.28 and a beta of 1.23. The stock has a 50-day moving average price of $150.36 and a two-hundred day moving average price of $153.98. iShares U.S. Technology ETF has a 1 year low of $117.55 and a 1 year high of $167.30.

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).