Prime Capital Investment Advisors LLC reduced its stake in iShares US Technology ETF (NYSEARCA:IYW) by 8.4% during the second quarter, Holdings Channel.com reports. The fund owned 6,019 shares of the exchange traded fund’s stock after selling 552 shares during the period. Prime Capital Investment Advisors LLC’s holdings in iShares US Technology ETF were worth $1,191,000 at the end of the most recent quarter.
Several other institutional investors also recently bought and sold shares of the stock. Advisors Preferred LLC acquired a new position in iShares US Technology ETF in the second quarter valued at approximately $2,461,000. Lido Advisors LLC increased its holdings in shares of iShares US Technology ETF by 63.9% during the first quarter. Lido Advisors LLC now owns 51,490 shares of the exchange traded fund’s stock valued at $9,814,000 after acquiring an additional 20,073 shares in the last quarter. Boston Private Wealth LLC bought a new stake in shares of iShares US Technology ETF during the second quarter valued at approximately $331,000. Citizens Financial Group Inc RI bought a new stake in shares of iShares US Technology ETF during the first quarter valued at approximately $83,000. Finally, Moors & Cabot Inc. bought a new stake in shares of iShares US Technology ETF during the first quarter valued at approximately $308,000.
Shares of NYSEARCA IYW traded down $6.50 during midday trading on Friday, hitting $195.32. 116,258 shares of the stock traded hands, compared to its average volume of 147,007. iShares US Technology ETF has a one year low of $148.42 and a one year high of $212.07. The business has a 50 day moving average price of $203.25 and a two-hundred day moving average price of $194.54.
About iShares US 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).
Featured Article: How much can an individual set aside as a catch-up contribution?
Want to see what other hedge funds are holding IYW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares US Technology ETF (NYSEARCA:IYW).
Receive News & Ratings for iShares US Technology ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares US Technology ETF and related companies with MarketBeat.com's FREE daily email newsletter.