Signature Wealth Management Partners LLC Has $9.54 Million Position in iShares U.S. Technology ETF (NYSEARCA:IYW)

Signature Wealth Management Partners LLC lowered its position in iShares U.S. Technology ETF (NYSEARCA:IYW) by 1.6% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 63,402 shares of the exchange traded fund’s stock after selling 1,044 shares during the period. iShares U.S. Technology ETF accounts for about 7.3% of Signature Wealth Management Partners LLC’s holdings, making the stock its 3rd biggest position. Signature Wealth Management Partners LLC’s holdings in iShares U.S. Technology ETF were worth $9,542,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Fifth Third Securities Inc. lifted its stake in shares of iShares U.S. Technology ETF by 0.9% in the second quarter. Fifth Third Securities Inc. now owns 43,229 shares of the exchange traded fund’s stock valued at $6,506,000 after buying an additional 370 shares in the last quarter. Aspire Private Capital LLC raised its holdings in shares of iShares U.S. Technology ETF by 3.3% in the 2nd quarter. Aspire Private Capital LLC now owns 3,499 shares of the exchange traded fund’s stock worth $527,000 after acquiring an additional 113 shares during the last quarter. Verum Partners LLC bought a new position in iShares U.S. Technology ETF in the 2nd quarter valued at about $209,000. Sharp Financial Services LLC acquired a new position in iShares U.S. Technology ETF during the 2nd quarter valued at about $4,822,000. Finally, Perkins Coie Trust Co increased its holdings in iShares U.S. Technology ETF by 7.8% during the 2nd quarter. Perkins Coie Trust Co now owns 50,565 shares of the exchange traded fund’s stock worth $7,610,000 after purchasing an additional 3,661 shares in the last quarter.

iShares U.S. Technology ETF Stock Performance

Shares of iShares U.S. Technology ETF stock traded up $0.78 on Monday, hitting $139.66. The company had a trading volume of 690,700 shares, compared to its average volume of 902,398. The stock has a market capitalization of $17.16 billion, a price-to-earnings ratio of 38.84 and a beta of 1.43. iShares U.S. Technology ETF has a 1 year low of $100.84 and a 1 year high of $158.97. The stock has a 50 day moving average of $148.01 and a 200-day moving average of $138.63.

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).