Mount Yale Investment Advisors LLC Decreases Stock Holdings in iShares U.S. Technology ETF (NYSEARCA:IYW)

Mount Yale Investment Advisors LLC reduced its holdings in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 9.4% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 19,612 shares of the exchange traded fund’s stock after selling 2,026 shares during the quarter. Mount Yale Investment Advisors LLC’s holdings in iShares U.S. Technology ETF were worth $2,952,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Dodds Wealth LLC purchased a new stake in iShares U.S. Technology ETF during the fourth quarter worth approximately $235,000. SeaCrest Wealth Management LLC grew its stake in iShares U.S. Technology ETF by 9.7% during the first quarter. SeaCrest Wealth Management LLC now owns 6,319 shares of the exchange traded fund’s stock worth $853,000 after buying an additional 560 shares during the period. Willner & Heller LLC purchased a new stake in iShares U.S. Technology ETF during the fourth quarter worth approximately $809,000. D.A. Davidson & CO. lifted its position in shares of iShares U.S. Technology ETF by 91.0% during the fourth quarter. D.A. Davidson & CO. now owns 12,984 shares of the exchange traded fund’s stock worth $1,594,000 after purchasing an additional 6,185 shares in the last quarter. Finally, Kingswood Wealth Advisors LLC acquired a new position in shares of iShares U.S. Technology ETF during the first quarter worth $274,000.

iShares U.S. Technology ETF Trading Down 0.3 %

NYSEARCA IYW opened at $149.42 on Friday. The company’s fifty day simple moving average is $145.10 and its 200-day simple moving average is $141.51. iShares U.S. Technology ETF has a 52 week low of $100.84 and a 52 week high of $158.97. The stock has a market cap of $18.36 billion, a P/E ratio of 38.84 and a beta of 1.43.

iShares U.S. Technology ETF Company 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).