Seaview Investment Managers LLC Has $2.79 Million Holdings in iShares U.S. Technology ETF (NYSEARCA:IYW)

Seaview Investment Managers LLC cut its stake in iShares U.S. Technology ETF (NYSEARCA:IYW) by 37.0% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 18,538 shares of the exchange traded fund’s stock after selling 10,899 shares during the period. Seaview Investment Managers LLC’s holdings in iShares U.S. Technology ETF were worth $2,790,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Envestnet Asset Management Inc. raised its stake in shares of iShares U.S. Technology ETF by 38.6% in the fourth quarter. Envestnet Asset Management Inc. now owns 10,523,831 shares of the exchange traded fund’s stock valued at $1,291,800,000 after acquiring an additional 2,928,731 shares during the last quarter. Dynasty Wealth Management LLC bought a new position in iShares U.S. Technology ETF in the 1st quarter valued at $119,223,000. Janney Montgomery Scott LLC acquired a new position in iShares U.S. Technology ETF in the fourth quarter worth $81,091,000. Cetera Investment Advisers grew its holdings in shares of iShares U.S. Technology ETF by 131.6% during the first quarter. Cetera Investment Advisers now owns 743,002 shares of the exchange traded fund’s stock worth $100,350,000 after purchasing an additional 422,212 shares during the last quarter. Finally, 1832 Asset Management L.P. increased its stake in shares of iShares U.S. Technology ETF by 6,689.2% in the first quarter. 1832 Asset Management L.P. now owns 373,406 shares of the exchange traded fund’s stock valued at $50,432,000 after buying an additional 367,906 shares in the last quarter.

iShares U.S. Technology ETF Stock Up 1.2 %

iShares U.S. Technology ETF stock opened at $139.41 on Tuesday. iShares U.S. Technology ETF has a 12-month low of $100.84 and a 12-month high of $158.97. The stock has a 50-day simple moving average of $146.82 and a 200 day simple moving average of $140.74. The stock has a market capitalization of $17.13 billion, a price-to-earnings ratio of 38.84 and a beta of 1.43.

iShares U.S. Technology ETF 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).