Acorn Wealth Advisors LLC Has $203,000 Stock Position in iShares U.S. Technology ETF (NYSEARCA:IYW)

Acorn Wealth Advisors LLC lessened its stake in iShares U.S. Technology ETF (NYSEARCA:IYW) by 31.7% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,340 shares of the exchange traded fund’s stock after selling 622 shares during the quarter. Acorn Wealth Advisors LLC’s holdings in iShares U.S. Technology ETF were worth $203,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of IYW. International Assets Investment Management LLC increased its holdings 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 valued at $483,691,000 after buying an additional 3,179,355 shares during the period. 1832 Asset Management L.P. increased its position in iShares U.S. Technology ETF by 173.9% during the 2nd quarter. 1832 Asset Management L.P. now owns 1,022,598 shares of the exchange traded fund’s stock worth $153,901,000 after purchasing an additional 649,192 shares in the last quarter. Hsbc Holdings PLC lifted its stake in shares of iShares U.S. Technology ETF by 1,170.2% in the 2nd quarter. Hsbc Holdings PLC now owns 572,587 shares of the exchange traded fund’s stock valued at $86,174,000 after acquiring an additional 527,510 shares during the last quarter. Cetera Investment Advisers raised its position in iShares U.S. Technology ETF by 131.6% in the first quarter. Cetera Investment Advisers now owns 743,002 shares of the exchange traded fund’s stock valued at $100,350,000 after purchasing an additional 422,212 shares during the last quarter. Finally, Sanctuary Advisors LLC acquired a new stake in shares of iShares U.S. Technology ETF during the second quarter valued at about $57,410,000.

iShares U.S. Technology ETF Price Performance

iShares U.S. Technology ETF stock opened at $159.07 on Tuesday. The business has a 50 day moving average of $154.32 and a 200-day moving average of $148.74. The company has a market capitalization of $19.54 billion, a P/E ratio of 38.84 and a beta of 1.43. iShares U.S. Technology ETF has a 1 year low of $114.84 and a 1 year high of $161.49.

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).