Creative Planning Reduces Stake in iShares U.S. Technology ETF (NYSEARCA:IYW)

Creative Planning lowered its stake in iShares U.S. Technology ETF (NYSEARCA:IYW) by 0.1% in the 3rd quarter, HoldingsChannel reports. The fund owned 116,754 shares of the exchange traded fund’s stock after selling 128 shares during the period. Creative Planning’s holdings in iShares U.S. Technology ETF were worth $17,702,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Fort Washington Investment Advisors Inc. OH grew its stake in shares of iShares U.S. Technology ETF by 0.6% during the second quarter. Fort Washington Investment Advisors Inc. OH now owns 13,484 shares of the exchange traded fund’s stock valued at $2,029,000 after buying an additional 74 shares during the last quarter. LVW Advisors LLC grew its stake in shares of iShares U.S. Technology ETF by 0.6% during the first quarter. LVW Advisors LLC now owns 13,870 shares of the exchange traded fund’s stock valued at $1,873,000 after buying an additional 84 shares during the last quarter. Oppenheimer & Co. Inc. grew its stake in shares of iShares U.S. Technology ETF by 1.2% during the first quarter. Oppenheimer & Co. Inc. now owns 7,281 shares of the exchange traded fund’s stock valued at $983,000 after buying an additional 85 shares during the last quarter. Axxcess Wealth Management LLC grew its stake in shares of iShares U.S. Technology ETF by 2.2% during the second quarter. Axxcess Wealth Management LLC now owns 3,975 shares of the exchange traded fund’s stock valued at $598,000 after buying an additional 86 shares during the last quarter. Finally, Blue Fin Capital Inc. grew its stake in shares of iShares U.S. Technology ETF by 3.6% during the second quarter. Blue Fin Capital Inc. now owns 2,476 shares of the exchange traded fund’s stock valued at $373,000 after buying an additional 87 shares during the last quarter.

iShares U.S. Technology ETF Stock Performance

IYW opened at $156.24 on Tuesday. The stock has a market cap of $19.19 billion, a price-to-earnings ratio of 38.84 and a beta of 1.43. The stock’s 50 day moving average price is $148.35 and its 200-day moving average price is $144.03. iShares U.S. Technology ETF has a one year low of $100.84 and a one year high of $158.97.

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).