Vertex Planning Partners LLC Sells 247 Shares of iShares U.S. Technology ETF (NYSEARCA:IYW)

Vertex Planning Partners LLC lowered its position in iShares U.S. Technology ETF (NYSEARCA:IYW) by 1.7% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 14,159 shares of the exchange traded fund’s stock after selling 247 shares during the period. Vertex Planning Partners LLC’s holdings in iShares U.S. Technology ETF were worth $2,147,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Caprock Group LLC bought a new position in iShares U.S. Technology ETF in the third quarter valued at approximately $804,000. Semus Wealth Partners LLC raised its holdings in shares of iShares U.S. Technology ETF by 10.7% during the third quarter. Semus Wealth Partners LLC now owns 2,255 shares of the exchange traded fund’s stock worth $342,000 after acquiring an additional 218 shares during the period. MAI Capital Management lifted its position in iShares U.S. Technology ETF by 4.8% in the 3rd quarter. MAI Capital Management now owns 20,917 shares of the exchange traded fund’s stock valued at $3,171,000 after acquiring an additional 965 shares in the last quarter. EQ LLC boosted its stake in iShares U.S. Technology ETF by 15.1% in the 3rd quarter. EQ LLC now owns 21,092 shares of the exchange traded fund’s stock worth $3,198,000 after purchasing an additional 2,767 shares during the period. Finally, Phillips Financial Management LLC increased its holdings in iShares U.S. Technology ETF by 1,545.5% during the 3rd quarter. Phillips Financial Management LLC now owns 181 shares of the exchange traded fund’s stock worth $27,000 after purchasing an additional 170 shares in the last quarter.

iShares U.S. Technology ETF Price Performance

IYW stock opened at $156.19 on Tuesday. The stock has a market capitalization of $19.19 billion, a P/E ratio of 38.84 and a beta of 1.43. iShares U.S. Technology ETF has a fifty-two week low of $114.84 and a fifty-two week high of $161.49. The business has a 50-day moving average of $152.95 and a 200-day moving average of $147.86.

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).