Integrated Wealth Concepts LLC Sells 11,422 Shares of iShares U.S. Technology ETF $IYW

Integrated Wealth Concepts LLC lessened its holdings in iShares U.S. Technology ETF (NYSEARCA:IYW) by 10.6% during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 95,969 shares of the exchange traded fund’s stock after selling 11,422 shares during the quarter. Integrated Wealth Concepts LLC’s holdings in iShares U.S. Technology ETF were worth $24,206,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. JPMorgan Chase & Co. raised its holdings in shares of iShares U.S. Technology ETF by 34.4% during the 4th quarter. JPMorgan Chase & Co. now owns 4,033,291 shares of the exchange traded fund’s stock worth $805,368,000 after buying an additional 1,031,871 shares in the last quarter. Focus Partners Wealth lifted its position in shares of iShares U.S. Technology ETF by 450.1% during the 4th quarter. Focus Partners Wealth now owns 312,367 shares of the exchange traded fund’s stock worth $62,373,000 after buying an additional 255,584 shares during the last quarter. Axxcess Wealth Management LLC acquired a new stake in iShares U.S. Technology ETF in the fourth quarter valued at about $41,199,000. Morgan Stanley boosted its stake in iShares U.S. Technology ETF by 3.3% in the fourth quarter. Morgan Stanley now owns 5,773,004 shares of the exchange traded fund’s stock valued at $1,152,754,000 after buying an additional 186,297 shares in the last quarter. Finally, DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main grew its position in iShares U.S. Technology ETF by 14,772.9% in the second quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 171,187 shares of the exchange traded fund’s stock valued at $29,662,000 after acquiring an additional 170,036 shares during the last quarter. Institutional investors own 57.65% of the company’s stock.

iShares U.S. Technology ETF Stock Down 0.1%

iShares U.S. Technology ETF stock opened at $253.08 on Wednesday. The stock has a market cap of $25.07 billion, a PE ratio of 34.95 and a beta of 1.36. iShares U.S. Technology ETF has a 12-month low of $172.54 and a 12-month high of $261.01. The business’s 50-day moving average price is $246.71 and its two-hundred day moving average price is $227.30.

iShares U.S. Technology ETF Company 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). The Index measures the performance of the technology sector of the United States equity market, and includes companies in the industry groups, such as software and computer services and technology hardware and equipment.