Crown Wealth Group LLC Sells 8,164 Shares of iShares U.S. Technology ETF $IYW

Crown Wealth Group LLC reduced its stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 18.6% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 35,716 shares of the exchange traded fund’s stock after selling 8,164 shares during the quarter. iShares U.S. Technology ETF accounts for approximately 1.9% of Crown Wealth Group LLC’s holdings, making the stock its 14th biggest position. Crown Wealth Group LLC’s holdings in iShares U.S. Technology ETF were worth $6,480,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Monetary Solutions Ltd acquired a new stake in iShares U.S. Technology ETF in the 4th quarter worth $26,000. Sankala Group LLC acquired a new position in shares of iShares U.S. Technology ETF during the fourth quarter valued at about $26,000. Triumph Capital Management acquired a new position in shares of iShares U.S. Technology ETF during the third quarter valued at about $28,000. Miller Capital Partners Inc. bought a new stake in shares of iShares U.S. Technology ETF in the fourth quarter valued at about $28,000. Finally, Kingdom Financial Group LLC. acquired a new stake in iShares U.S. Technology ETF during the fourth quarter worth about $32,000. 57.65% of the stock is owned by institutional investors.

iShares U.S. Technology ETF Stock Down 1.8%

Shares of IYW opened at $239.66 on Friday. iShares U.S. Technology ETF has a 12-month low of $170.25 and a 12-month high of $261.01. The firm has a market capitalization of $23.57 billion, a price-to-earnings ratio of 34.95 and a beta of 1.36. The stock’s 50-day moving average price is $237.32 and its 200 day moving average price is $209.59.

iShares U.S. Technology ETF Company 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.