iShares U.S. Technology ETF $IYW Shares Sold by RFG Advisory LLC

RFG Advisory LLC decreased its position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 28.4% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 17,750 shares of the exchange traded fund’s stock after selling 7,037 shares during the quarter. RFG Advisory LLC’s holdings in iShares U.S. Technology ETF were worth $3,076,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Trust Co. of Vermont acquired a new position in shares of iShares U.S. Technology ETF during the first quarter valued at $30,000. Park Square Financial Group LLC lifted its holdings in iShares U.S. Technology ETF by 588.2% in the first quarter. Park Square Financial Group LLC now owns 234 shares of the exchange traded fund’s stock worth $33,000 after purchasing an additional 200 shares during the period. SJS Investment Consulting Inc. acquired a new stake in iShares U.S. Technology ETF in the second quarter worth about $41,000. Accredited Wealth Management LLC acquired a new stake in iShares U.S. Technology ETF in the first quarter worth about $33,000. Finally, Hoey Investments Inc. lifted its holdings in iShares U.S. Technology ETF by 31.6% in the second quarter. Hoey Investments Inc. now owns 250 shares of the exchange traded fund’s stock worth $43,000 after purchasing an additional 60 shares during the period. Institutional investors and hedge funds own 57.65% of the company’s stock.

iShares U.S. Technology ETF Stock Down 1.3%

IYW stock opened at $194.73 on Wednesday. The company has a market capitalization of $20.66 billion, a P/E ratio of 34.95 and a beta of 1.15. The company has a 50-day simple moving average of $188.52 and a 200 day simple moving average of $168.71. iShares U.S. Technology ETF has a fifty-two week low of $117.55 and a fifty-two week high of $201.50.

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).