iShares U.S. Technology ETF (NYSEARCA:IYW) Stock Holdings Cut by Prudent Investors Network Inc.

Prudent Investors Network Inc. cut its stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 30.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,931 shares of the exchange traded fund’s stock after selling 1,681 shares during the quarter. iShares U.S. Technology ETF accounts for 0.2% of Prudent Investors Network Inc.’s portfolio, making the stock its 27th largest holding. Prudent Investors Network Inc.’s holdings in iShares U.S. Technology ETF were worth $596,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also modified their holdings of the stock. Guidance Point Advisors LLC bought a new stake in shares of iShares U.S. Technology ETF during the 3rd quarter worth $220,000. Avidian Wealth Enterprises LLC lifted its holdings in shares of iShares U.S. Technology ETF by 1.7% in the third quarter. Avidian Wealth Enterprises LLC now owns 28,579 shares of the exchange traded fund’s stock valued at $4,333,000 after purchasing an additional 480 shares in the last quarter. World Equity Group Inc. lifted its holdings in shares of iShares U.S. Technology ETF by 183.0% in the third quarter. World Equity Group Inc. now owns 6,804 shares of the exchange traded fund’s stock valued at $1,032,000 after purchasing an additional 4,400 shares in the last quarter. QRG Capital Management Inc. lifted its holdings in shares of iShares U.S. Technology ETF by 53.0% in the third quarter. QRG Capital Management Inc. now owns 3,826 shares of the exchange traded fund’s stock valued at $580,000 after purchasing an additional 1,326 shares in the last quarter. Finally, Silicon Valley Capital Partners purchased a new stake in shares of iShares U.S. Technology ETF in the third quarter valued at $334,000.

iShares U.S. Technology ETF Stock Up 2.7 %

IYW opened at $157.83 on Thursday. The stock has a fifty day moving average of $150.31 and a 200-day moving average of $146.01. The firm has a market capitalization of $19.39 billion, a P/E ratio of 38.84 and a beta of 1.43. iShares U.S. Technology ETF has a 12-month low of $109.42 and a 12-month high of $158.97.

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).