Liberty Wealth Management LLC Has $7.51 Million Holdings in iShares U.S. Technology ETF (NYSEARCA:IYW)

Liberty Wealth Management LLC trimmed its stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 83.8% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 49,553 shares of the exchange traded fund’s stock after selling 257,088 shares during the period. iShares U.S. Technology ETF comprises about 1.3% of Liberty Wealth Management LLC’s portfolio, making the stock its 21st largest position. Liberty Wealth Management LLC’s holdings in iShares U.S. Technology ETF were worth $7,513,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in IYW. Rosenberg Matthew Hamilton lifted its stake in iShares U.S. Technology ETF by 133.8% in the 2nd quarter. Rosenberg Matthew Hamilton now owns 166 shares of the exchange traded fund’s stock valued at $25,000 after acquiring an additional 95 shares in the last quarter. Central Bank & Trust Co. raised its holdings in shares of iShares U.S. Technology ETF by 343.6% in the second quarter. Central Bank & Trust Co. now owns 173 shares of the exchange traded fund’s stock valued at $26,000 after purchasing an additional 134 shares during the last quarter. Chris Bulman Inc bought a new stake in shares of iShares U.S. Technology ETF in the second quarter worth $41,000. Cultivar Capital Inc. acquired a new position in iShares U.S. Technology ETF during the second quarter worth $53,000. Finally, Sugarloaf Wealth Management LLC grew its position in iShares U.S. Technology ETF by 40.3% in the second quarter. Sugarloaf Wealth Management LLC now owns 397 shares of the exchange traded fund’s stock valued at $60,000 after purchasing an additional 114 shares in the last quarter.

iShares U.S. Technology ETF Trading Down 0.2 %

Shares of IYW stock opened at $161.00 on Friday. The firm’s fifty day moving average price is $150.87 and its two-hundred day moving average price is $146.48. iShares U.S. Technology ETF has a 1 year low of $110.37 and a 1 year high of $161.49. The firm has a market capitalization of $19.78 billion, a P/E ratio of 38.84 and a beta of 1.43.

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).