ShoreHaven Wealth Partners LLC Has $3.67 Million Position in iShares U.S. Technology ETF (NYSEARCA:IYW)

ShoreHaven Wealth Partners LLC lessened its holdings in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 2.1% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 22,986 shares of the exchange traded fund’s stock after selling 489 shares during the quarter. iShares U.S. Technology ETF makes up approximately 1.7% of ShoreHaven Wealth Partners LLC’s portfolio, making the stock its 15th largest holding. ShoreHaven Wealth Partners LLC’s holdings in iShares U.S. Technology ETF were worth $3,667,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in IYW. International Assets Investment Management LLC increased its stake in shares of iShares U.S. Technology ETF by 29,435.7% during 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 purchasing an additional 3,179,355 shares during the last quarter. The Manufacturers Life Insurance Company increased its position in iShares U.S. Technology ETF by 4,550.8% during the third quarter. The Manufacturers Life Insurance Company now owns 553,450 shares of the exchange traded fund’s stock worth $83,914,000 after buying an additional 541,550 shares during the last quarter. HighTower Advisors LLC increased its position in iShares U.S. Technology ETF by 55.1% during the third quarter. HighTower Advisors LLC now owns 360,435 shares of the exchange traded fund’s stock worth $54,626,000 after buying an additional 128,052 shares during the last quarter. LPL Financial LLC raised its holdings in iShares U.S. Technology ETF by 3.0% during the third quarter. LPL Financial LLC now owns 4,133,439 shares of the exchange traded fund’s stock valued at $626,712,000 after buying an additional 120,614 shares in the last quarter. Finally, Strategic Financial Concepts LLC acquired a new stake in shares of iShares U.S. Technology ETF in the fourth quarter worth about $15,272,000.

iShares U.S. Technology ETF Stock Performance

Shares of NYSEARCA IYW opened at $165.00 on Friday. The business’s 50-day simple moving average is $161.92 and its 200-day simple moving average is $154.65. iShares U.S. Technology ETF has a 52 week low of $124.32 and a 52 week high of $166.83. The firm has a market cap of $20.27 billion, a price-to-earnings ratio of 38.84 and a beta of 1.43.

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).