Pinnacle Private Wealth LLC Decreases Holdings in iShares U.S. Technology ETF (NYSEARCA:IYW)

Pinnacle Private Wealth LLC decreased its position in shares of iShares U.S. Technology ETF (NYSEARCA:IYWGet Rating) by 4.1% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 37,261 shares of the exchange traded fund’s stock after selling 1,608 shares during the quarter. iShares U.S. Technology ETF accounts for about 1.2% of Pinnacle Private Wealth LLC’s holdings, making the stock its 14th biggest position. Pinnacle Private Wealth LLC’s holdings in iShares U.S. Technology ETF were worth $2,979,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Mendel Capital Management LLC purchased a new stake in shares of iShares U.S. Technology ETF during the 4th quarter worth approximately $15,884,000. Kestra Advisory Services LLC lifted its stake in shares of iShares U.S. Technology ETF by 9.3% during the 1st quarter. Kestra Advisory Services LLC now owns 120,195 shares of the exchange traded fund’s stock worth $12,385,000 after purchasing an additional 10,259 shares during the period. WealthBridge Capital Management LLC lifted its stake in shares of iShares U.S. Technology ETF by 6.2% during the 1st quarter. WealthBridge Capital Management LLC now owns 44,091 shares of the exchange traded fund’s stock worth $4,543,000 after purchasing an additional 2,590 shares during the period. HB Wealth Management LLC purchased a new position in shares of iShares U.S. Technology ETF in the 4th quarter worth $1,492,000. Finally, Carnegie Capital Asset Management LLC raised its position in shares of iShares U.S. Technology ETF by 13.0% in the 2nd quarter. Carnegie Capital Asset Management LLC now owns 44,595 shares of the exchange traded fund’s stock worth $4,433,000 after buying an additional 5,144 shares during the period.

iShares U.S. Technology ETF Stock Down 1.3 %

NYSEARCA IYW traded down $1.01 during trading hours on Friday, hitting $76.23. The company had a trading volume of 39,832 shares, compared to its average volume of 576,034. iShares U.S. Technology ETF has a fifty-two week low of $76.86 and a fifty-two week high of $118.00. The firm’s 50 day moving average is $86.36 and its 200 day moving average is $88.70.

iShares U.S. Technology ETF Company Profile

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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).

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Institutional Ownership by Quarter for iShares U.S. Technology ETF (NYSEARCA:IYW)

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