iShares U.S. Technology ETF $IYW Shares Sold by Northwest Capital Management Inc

Northwest Capital Management Inc lessened its stake in iShares U.S. Technology ETF (NYSEARCA:IYW) by 54.4% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 5,223 shares of the exchange traded fund’s stock after selling 6,219 shares during the quarter. Northwest Capital Management Inc’s holdings in iShares U.S. Technology ETF were worth $905,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Hoey Investments Inc. boosted 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 buying an additional 60 shares during the period. True Vision MN LLC boosted its stake in shares of iShares U.S. Technology ETF by 0.4% in the 1st quarter. True Vision MN LLC now owns 19,475 shares of the exchange traded fund’s stock valued at $2,735,000 after buying an additional 72 shares during the period. Continuum Advisory LLC boosted its stake in shares of iShares U.S. Technology ETF by 11.4% in the 1st quarter. Continuum Advisory LLC now owns 750 shares of the exchange traded fund’s stock valued at $105,000 after buying an additional 77 shares during the period. Resurgent Financial Advisors LLC boosted its stake in shares of iShares U.S. Technology ETF by 2.8% in the 1st quarter. Resurgent Financial Advisors LLC now owns 2,889 shares of the exchange traded fund’s stock valued at $406,000 after buying an additional 80 shares during the period. Finally, NorthRock Partners LLC boosted its stake in shares of iShares U.S. Technology ETF by 1.5% in the 1st quarter. NorthRock Partners LLC now owns 5,576 shares of the exchange traded fund’s stock valued at $783,000 after buying an additional 83 shares during the period. Hedge funds and other institutional investors own 57.65% of the company’s stock.

iShares U.S. Technology ETF Stock Performance

Shares of IYW opened at $197.38 on Tuesday. The stock has a 50-day simple moving average of $188.22 and a 200-day simple moving average of $168.52. The stock has a market capitalization of $20.94 billion, a PE ratio of 34.95 and a beta of 1.15. iShares U.S. Technology ETF has a 1 year low of $117.55 and a 1 year high of $201.50.

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).