iShares U.S. Technology ETF (NYSEARCA:IYW) is Mendel Capital Management LLC’s 2nd Largest Position

Mendel Capital Management LLC reduced its stake in iShares U.S. Technology ETF (NYSEARCA:IYW) by 6.4% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 97,608 shares of the exchange traded fund’s stock after selling 6,711 shares during the period. iShares U.S. Technology ETF makes up 9.1% of Mendel Capital Management LLC’s portfolio, making the stock its 2nd biggest position. Mendel Capital Management LLC owned approximately 0.08% of iShares U.S. Technology ETF worth $14,799,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently modified their holdings of the stock. Envestnet Asset Management Inc. increased its holdings in shares of iShares U.S. Technology ETF by 3.2% in the 2nd quarter. Envestnet Asset Management Inc. now owns 11,813,520 shares of the exchange traded fund’s stock worth $1,777,935,000 after purchasing an additional 371,517 shares in the last quarter. International Assets Investment Management LLC raised its position in iShares U.S. Technology ETF by 29,435.7% in the 3rd quarter. International Assets Investment Management LLC now owns 3,190,156 shares of the exchange traded fund’s stock worth $483,691,000 after buying an additional 3,179,355 shares during the last quarter. Envestnet Portfolio Solutions Inc. lifted its stake in iShares U.S. Technology ETF by 2.2% during 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 during the period. Park Avenue Securities LLC boosted its holdings in shares of iShares U.S. Technology ETF by 1.3% during the 2nd quarter. Park Avenue Securities LLC now owns 1,068,282 shares of the exchange traded fund’s stock valued at $160,776,000 after acquiring an additional 13,629 shares during the last quarter. Finally, Parker Investment Management LLC raised its holdings in shares of iShares U.S. Technology ETF by 44.6% during the second quarter. Parker Investment Management LLC now owns 1,067,765 shares of the exchange traded fund’s stock valued at $160,699,000 after purchasing an additional 329,161 shares during the last quarter.

iShares U.S. Technology ETF Stock Down 2.5 %

Shares of iShares U.S. Technology ETF stock opened at $155.52 on Monday. The company has a market cap of $19.11 billion, a price-to-earnings ratio of 38.84 and a beta of 1.43. iShares U.S. Technology ETF has a twelve month low of $114.84 and a twelve month high of $161.49. The company’s 50 day moving average is $152.62 and its 200 day moving average is $147.66.

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).