Cwm LLC Decreases Stake in iShares U.S. Technology ETF $IYW

Cwm LLC cut its position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 85.3% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 133,208 shares of the exchange traded fund’s stock after selling 773,185 shares during the period. Cwm LLC’s holdings in iShares U.S. Technology ETF were worth $26,090,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the company. Cadent Capital Advisors LLC boosted its position in shares of iShares U.S. Technology ETF by 10.1% during the 3rd quarter. Cadent Capital Advisors LLC now owns 56,669 shares of the exchange traded fund’s stock valued at $11,099,000 after acquiring an additional 5,195 shares during the last quarter. Milestone Asset Management LLC purchased a new stake in iShares U.S. Technology ETF during the third quarter valued at $209,000. Summit Financial Consulting LLC bought a new position in iShares U.S. Technology ETF during the third quarter valued at $6,820,000. Affiance Financial LLC lifted its position in iShares U.S. Technology ETF by 2.7% during the third quarter. Affiance Financial LLC now owns 4,800 shares of the exchange traded fund’s stock valued at $940,000 after purchasing an additional 124 shares during the last quarter. Finally, LongView Wealth Management grew its stake in shares of iShares U.S. Technology ETF by 1.5% in the 3rd quarter. LongView Wealth Management now owns 13,229 shares of the exchange traded fund’s stock worth $2,591,000 after buying an additional 190 shares in the last quarter. Institutional investors own 57.65% of the company’s stock.

iShares U.S. Technology ETF Stock Up 0.1%

iShares U.S. Technology ETF stock opened at $202.92 on Friday. iShares U.S. Technology ETF has a twelve month low of $117.55 and a twelve month high of $211.98. The company’s 50-day moving average price is $200.61 and its 200-day moving average price is $188.67. The company has a market cap of $21.87 billion, a PE ratio of 34.95 and a beta of 1.23.

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). 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.