Blue Trust Inc. Sells 36,475 Shares of iShares U.S. Technology ETF $IYW

Blue Trust Inc. lessened its position in iShares U.S. Technology ETF (NYSEARCA:IYW) by 77.9% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 10,352 shares of the exchange traded fund’s stock after selling 36,475 shares during the period. Blue Trust Inc.’s holdings in iShares U.S. Technology ETF were worth $2,028,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Bell Investment Advisors Inc bought a new position in iShares U.S. Technology ETF during the 2nd quarter valued at about $25,000. Harbor Asset Planning Inc. acquired a new stake in shares of iShares U.S. Technology ETF during the second quarter worth approximately $27,000. Bogart Wealth LLC raised its stake in shares of iShares U.S. Technology ETF by 189.3% in the second quarter. Bogart Wealth LLC now owns 162 shares of the exchange traded fund’s stock valued at $28,000 after acquiring an additional 106 shares during the last quarter. Abound Wealth Management bought a new position in shares of iShares U.S. Technology ETF in the third quarter valued at approximately $34,000. Finally, Tsfg LLC boosted its holdings in shares of iShares U.S. Technology ETF by 35.4% in the 2nd quarter. Tsfg LLC now owns 222 shares of the exchange traded fund’s stock worth $38,000 after acquiring an additional 58 shares in the last quarter. Institutional investors and hedge funds own 57.65% of the company’s stock.

iShares U.S. Technology ETF Price Performance

NYSEARCA IYW opened at $202.92 on Friday. The stock’s 50 day simple moving average is $200.61 and its 200 day simple moving average is $188.67. iShares U.S. Technology ETF has a one year low of $117.55 and a one year high of $211.98. The firm has a market cap of $21.87 billion, a PE ratio of 34.95 and a beta of 1.23.

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). The Index measures the performance of the technology sector of the United States equity market, and includes companies in the industry groups, such as software and computer services and technology hardware and equipment.