KKM Financial LLC Reduces Position in iShares U.S. Technology ETF (NYSEARCA:IYW)

KKM Financial LLC trimmed its position in iShares U.S. Technology ETF (NYSEARCA:IYW) by 6.7% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 22,495 shares of the exchange traded fund’s stock after selling 1,614 shares during the period. iShares U.S. Technology ETF makes up 1.7% of KKM Financial LLC’s holdings, making the stock its 15th biggest holding. KKM Financial LLC’s holdings in iShares U.S. Technology ETF were worth $3,411,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. International Assets Investment Management LLC grew its position in shares of iShares U.S. Technology ETF by 29,435.7% in the 3rd quarter. International Assets Investment Management LLC now owns 3,190,156 shares of the exchange traded fund’s stock worth $483,691,000 after buying an additional 3,179,355 shares during the last quarter. Dynasty Wealth Management LLC bought a new stake in iShares U.S. Technology ETF in the first quarter valued at $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 purchasing an additional 649,192 shares during the period. Hsbc Holdings PLC raised its holdings in iShares U.S. Technology ETF by 1,170.2% in the 2nd quarter. Hsbc Holdings PLC now owns 572,587 shares of the exchange traded fund’s stock worth $86,174,000 after purchasing an additional 527,510 shares in the last quarter. Finally, Cetera Investment Advisers raised its holdings in iShares U.S. Technology ETF by 131.6% in the 1st quarter. Cetera Investment Advisers now owns 743,002 shares of the exchange traded fund’s stock worth $100,350,000 after purchasing an additional 422,212 shares in the last quarter.

iShares U.S. Technology ETF Trading Up 0.0 %

Shares of IYW opened at $159.02 on Friday. iShares U.S. Technology ETF has a 1-year low of $114.84 and a 1-year high of $161.49. The firm has a market capitalization of $19.54 billion, a price-to-earnings ratio of 38.84 and a beta of 1.43. The firm’s 50-day moving average price is $153.81 and its 200-day moving average price is $148.18.

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).