Harbour Trust & Investment Management Co Has $375,000 Position in iShares U.S. Technology ETF (NYSEARCA:IYW)

Harbour Trust & Investment Management Co lowered its holdings in iShares U.S. Technology ETF (NYSEARCA:IYW) by 8.2% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,494 shares of the exchange traded fund’s stock after selling 222 shares during the period. Harbour Trust & Investment Management Co’s holdings in iShares U.S. Technology ETF were worth $375,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Envestnet Asset Management Inc. raised its holdings in shares of iShares U.S. Technology ETF by 38.6% during the 4th quarter. Envestnet Asset Management Inc. now owns 10,523,831 shares of the exchange traded fund’s stock valued at $1,291,800,000 after purchasing an additional 2,928,731 shares in the last quarter. UBS Group AG boosted its stake in shares of iShares U.S. Technology ETF by 8.1% during the 4th quarter. UBS Group AG now owns 2,129,589 shares of the exchange traded fund’s stock worth $261,407,000 after acquiring an additional 160,092 shares in the last quarter. FIL Ltd increased its holdings in shares of iShares U.S. Technology ETF by 33.2% during the 4th quarter. FIL Ltd now owns 1,456,287 shares of the exchange traded fund’s stock valued at $178,759,000 after acquiring an additional 363,201 shares during the last quarter. Envestnet Portfolio Solutions Inc. raised its stake in shares of iShares U.S. Technology ETF by 2.2% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 1,390,175 shares of the exchange traded fund’s stock valued at $209,221,000 after acquiring an additional 30,147 shares in the last quarter. Finally, CWM LLC lifted its holdings in iShares U.S. Technology ETF by 8.8% in the 1st quarter. CWM LLC now owns 1,173,803 shares of the exchange traded fund’s stock worth $158,534,000 after purchasing an additional 95,066 shares during the last quarter.

iShares U.S. Technology ETF Stock Down 2.0 %

IYW stock traded down $3.03 during midday trading on Thursday, hitting $147.36. 515,096 shares of the company traded hands, compared to its average volume of 895,956. The business has a 50 day simple moving average of $148.48 and a 200-day simple moving average of $139.47. iShares U.S. Technology ETF has a twelve month low of $100.84 and a twelve month high of $158.97. The stock has a market capitalization of $18.10 billion, a price-to-earnings ratio of 38.84 and a beta of 1.43.

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).