Harbour Investments Inc. Sells 1,209 Shares of iShares U.S. Technology ETF (NYSEARCA:IYW)

Harbour Investments Inc. trimmed its stake in iShares U.S. Technology ETF (NYSEARCA:IYW) by 4.9% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 23,692 shares of the exchange traded fund’s stock after selling 1,209 shares during the period. Harbour Investments Inc.’s holdings in iShares U.S. Technology ETF were worth $3,592,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in IYW. International Assets Investment Management LLC increased its position in 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 valued at $483,691,000 after buying an additional 3,179,355 shares in the last quarter. Dynasty Wealth Management LLC acquired a new position in iShares U.S. Technology ETF during the 1st quarter valued at about $119,223,000. 1832 Asset Management L.P. increased its position in iShares U.S. Technology ETF by 173.9% during the 2nd quarter. 1832 Asset Management L.P. now owns 1,022,598 shares of the exchange traded fund’s stock valued at $153,901,000 after buying an additional 649,192 shares in the last quarter. Hsbc Holdings PLC grew its stake in iShares U.S. Technology ETF by 1,170.2% during the 2nd 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 during the last quarter. Finally, Cetera Investment Advisers grew its stake in iShares U.S. Technology ETF by 131.6% during the 1st 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 Stock Performance

iShares U.S. Technology ETF stock opened at $160.85 on Wednesday. The business’s 50-day simple moving average is $151.51 and its two-hundred day simple moving average is $147.04. The company has a market cap of $19.76 billion, a PE ratio of 38.84 and a beta of 1.43. iShares U.S. Technology ETF has a fifty-two week low of $112.37 and a fifty-two week 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).