Patten & Patten Inc. TN Decreases Holdings in iShares U.S. Technology ETF (NYSEARCA:IYW)

Patten & Patten Inc. TN lowered its stake in iShares U.S. Technology ETF (NYSEARCA:IYW) by 1.0% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,109 shares of the exchange traded fund’s stock after selling 100 shares during the period. Patten & Patten Inc. TN’s holdings in iShares U.S. Technology ETF were worth $1,533,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. lifted its holdings in shares of iShares U.S. Technology ETF by 3.2% in the 2nd quarter. Envestnet Asset Management Inc. now owns 11,813,520 shares of the exchange traded fund’s stock worth $1,777,935,000 after acquiring an additional 371,517 shares during the last quarter. International Assets Investment Management LLC lifted its stake in iShares U.S. Technology ETF by 29,435.7% in the third quarter. International Assets Investment Management LLC now owns 3,190,156 shares of the exchange traded fund’s stock worth $483,691,000 after purchasing an additional 3,179,355 shares during the last quarter. Envestnet Portfolio Solutions Inc. boosted its position in shares of iShares U.S. Technology ETF by 2.2% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 1,390,175 shares of the exchange traded fund’s stock valued at $209,221,000 after buying an additional 30,147 shares during the period. Park Avenue Securities LLC grew its stake in shares of iShares U.S. Technology ETF by 1.3% during the second quarter. Park Avenue Securities LLC now owns 1,068,282 shares of the exchange traded fund’s stock valued at $160,776,000 after buying an additional 13,629 shares during the last quarter. Finally, Parker Investment Management LLC raised its holdings in shares of iShares U.S. Technology ETF by 44.6% in the second quarter. Parker Investment Management LLC now owns 1,067,765 shares of the exchange traded fund’s stock worth $160,699,000 after buying an additional 329,161 shares during the period.

iShares U.S. Technology ETF Stock Performance

Shares of IYW stock opened at $160.27 on Tuesday. The stock has a 50 day moving average price of $151.12 and a 200 day moving average price of $146.83. iShares U.S. Technology ETF has a 52-week low of $112.37 and a 52-week high of $161.49. The firm has a market capitalization of $19.69 billion, a P/E ratio of 38.84 and a beta of 1.43.

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).