iShares U.S. Technology ETF $IYW Holdings Lowered by Apollon Wealth Management LLC

Apollon Wealth Management LLC trimmed its stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 1.0% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 39,942 shares of the exchange traded fund’s stock after selling 397 shares during the period. Apollon Wealth Management LLC’s holdings in iShares U.S. Technology ETF were worth $6,921,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of IYW. Simon Quick Advisors LLC lifted its holdings in shares of iShares U.S. Technology ETF by 9.0% during the first quarter. Simon Quick Advisors LLC now owns 4,481 shares of the exchange traded fund’s stock valued at $629,000 after purchasing an additional 369 shares during the last quarter. Fifth Third Bancorp lifted its holdings in shares of iShares U.S. Technology ETF by 7.3% during the first quarter. Fifth Third Bancorp now owns 2,685 shares of the exchange traded fund’s stock valued at $377,000 after purchasing an additional 182 shares during the last quarter. Elevation Point Wealth Partners LLC lifted its holdings in shares of iShares U.S. Technology ETF by 2.9% during the first quarter. Elevation Point Wealth Partners LLC now owns 14,911 shares of the exchange traded fund’s stock valued at $2,094,000 after purchasing an additional 414 shares during the last quarter. Jackson Square Capital LLC lifted its holdings in shares of iShares U.S. Technology ETF by 22.0% during the first quarter. Jackson Square Capital LLC now owns 2,044 shares of the exchange traded fund’s stock valued at $287,000 after purchasing an additional 368 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC lifted its holdings in shares of iShares U.S. Technology ETF by 12.4% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 143,291 shares of the exchange traded fund’s stock valued at $20,124,000 after purchasing an additional 15,785 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 Down 3.9%

Shares of NYSEARCA IYW opened at $192.80 on Friday. iShares U.S. Technology ETF has a 12 month low of $117.55 and a 12 month high of $201.50. The company has a market cap of $20.47 billion, a price-to-earnings ratio of 34.95 and a beta of 1.15. The business has a fifty day simple moving average of $187.90 and a 200-day simple moving average of $167.96.

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).