iShares U.S. Technology ETF $IYW Shares Sold by 5T Wealth LLC

5T Wealth LLC lessened its holdings in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 65.6% in the third quarter, Holdings Channel reports. The firm owned 2,223 shares of the exchange traded fund’s stock after selling 4,245 shares during the period. 5T Wealth LLC’s holdings in iShares U.S. Technology ETF were worth $435,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the business. Tsfg LLC lifted its position in iShares U.S. Technology ETF by 35.4% during the second quarter. Tsfg LLC now owns 222 shares of the exchange traded fund’s stock valued at $38,000 after buying an additional 58 shares in the last quarter. Hoey Investments Inc. raised its stake in shares of iShares U.S. Technology ETF by 31.6% in the 2nd quarter. Hoey Investments Inc. now owns 250 shares of the exchange traded fund’s stock valued at $43,000 after acquiring an additional 60 shares during the period. Montag A & Associates Inc. lifted its holdings in shares of iShares U.S. Technology ETF by 1.0% during the 2nd quarter. Montag A & Associates Inc. now owns 5,898 shares of the exchange traded fund’s stock valued at $1,022,000 after acquiring an additional 60 shares in the last quarter. Oldfather Financial Services LLC lifted its holdings in shares of iShares U.S. Technology ETF by 3.3% during the 3rd quarter. Oldfather Financial Services LLC now owns 1,909 shares of the exchange traded fund’s stock valued at $374,000 after acquiring an additional 61 shares in the last quarter. Finally, Potentia Wealth boosted its position in iShares U.S. Technology ETF by 3.7% during the 2nd quarter. Potentia Wealth now owns 1,897 shares of the exchange traded fund’s stock worth $329,000 after purchasing an additional 67 shares during the period. Hedge funds and other institutional investors own 57.65% of the company’s stock.

iShares U.S. Technology ETF Trading Up 0.1%

Shares of NYSEARCA IYW opened at $202.92 on Monday. The stock has a fifty day moving average price of $200.61 and a 200 day moving average price of $189.00. iShares U.S. Technology ETF has a 12-month low of $117.55 and a 12-month high of $211.98. The company has a market cap of $21.87 billion, a P/E 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.