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

EverSource Wealth Advisors LLC reduced its position in iShares U.S. Technology ETF (NYSEARCA:IYW) by 4.4% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 45,129 shares of the exchange traded fund’s stock after selling 2,065 shares during the period. EverSource Wealth Advisors LLC’s holdings in iShares U.S. Technology ETF were worth $6,842,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. International Assets Investment Management LLC raised 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 buying an additional 3,179,355 shares during the last quarter. Dynasty Wealth Management LLC purchased a new position in iShares U.S. Technology ETF during the 1st quarter valued at about $119,223,000. 1832 Asset Management L.P. raised its position in iShares U.S. Technology ETF by 173.9% during the second quarter. 1832 Asset Management L.P. now owns 1,022,598 shares of the exchange traded fund’s stock worth $153,901,000 after acquiring an additional 649,192 shares during the last quarter. Hsbc Holdings PLC lifted its holdings in shares of iShares U.S. Technology ETF by 1,170.2% in the second quarter. Hsbc Holdings PLC now owns 572,587 shares of the exchange traded fund’s stock valued at $86,174,000 after purchasing an additional 527,510 shares in the last quarter. Finally, Cetera Investment Advisers grew its position in shares of iShares U.S. Technology ETF by 131.6% in the first quarter. Cetera Investment Advisers now owns 743,002 shares of the exchange traded fund’s stock valued at $100,350,000 after purchasing an additional 422,212 shares during the last quarter.

iShares U.S. Technology ETF Price Performance

NYSEARCA:IYW traded down $2.09 during trading hours on Wednesday, reaching $156.05. 59,235 shares of the company traded hands, compared to its average volume of 849,060. The firm’s 50-day moving average is $153.30 and its 200-day moving average is $148.04. The stock has a market cap of $19.17 billion, a P/E ratio of 38.84 and a beta of 1.43. iShares U.S. Technology ETF has a 1-year low of $114.84 and a 1-year high of $161.49.

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).