CIBC Private Wealth Group LLC Sells 448 Shares of iShares U.S. Technology ETF (NYSEARCA:IYW)

CIBC Private Wealth Group LLC reduced its stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 0.5% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 90,158 shares of the exchange traded fund’s stock after selling 448 shares during the quarter. CIBC Private Wealth Group LLC owned about 0.08% of iShares U.S. Technology ETF worth $13,903,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in IYW. BlackRock Inc. raised its holdings in shares of iShares U.S. Technology ETF by 3,385.0% during the first quarter. BlackRock Inc. now owns 22,513 shares of the exchange traded fund’s stock worth $2,320,000 after acquiring an additional 21,867 shares during the period. Blair William & Co. IL increased its stake in iShares U.S. Technology ETF by 3.7% in the 1st quarter. Blair William & Co. IL now owns 27,457 shares of the exchange traded fund’s stock valued at $2,829,000 after buying an additional 990 shares during the last quarter. Sequoia Financial Advisors LLC increased its stake in iShares U.S. Technology ETF by 4.6% in the 1st quarter. Sequoia Financial Advisors LLC now owns 5,659 shares of the exchange traded fund’s stock valued at $583,000 after buying an additional 247 shares during the last quarter. First Western Trust Bank acquired a new stake in iShares U.S. Technology ETF in the 1st quarter valued at $702,000. Finally, Equitable Holdings Inc. increased its stake in iShares U.S. Technology ETF by 3.3% in the 1st quarter. Equitable Holdings Inc. now owns 8,207 shares of the exchange traded fund’s stock valued at $846,000 after buying an additional 266 shares during the last quarter.

iShares U.S. Technology ETF Trading Up 0.9 %

Shares of IYW stock opened at $110.93 on Thursday. iShares U.S. Technology ETF has a 1 year low of $69.49 and a 1 year high of $114.17. The firm’s fifty day moving average price is $108.72 and its two-hundred day moving average price is $98.58. The firm has a market capitalization of $11.41 billion, a P/E ratio of 21.40 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).