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

Cwm LLC cut its holdings in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 13.5% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 906,393 shares of the exchange traded fund’s stock after selling 141,320 shares during the period. Cwm LLC’s holdings in iShares U.S. Technology ETF were worth $157,051,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of IYW. Hoey Investments Inc. acquired a new stake in shares of iShares U.S. Technology ETF during the first quarter valued at about $27,000. Trust Co. of Vermont acquired a new position in iShares U.S. Technology ETF in the first quarter worth about $30,000. Park Square Financial Group LLC grew its stake 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 in the last quarter. Accredited Wealth Management LLC acquired a new position in iShares U.S. Technology ETF in the first quarter worth about $33,000. Finally, SJS Investment Consulting Inc. acquired a new position in iShares U.S. Technology ETF in the second quarter worth about $41,000. 57.65% of the stock is currently owned by institutional investors and hedge funds.

iShares U.S. Technology ETF Stock Performance

NYSEARCA:IYW opened at $192.80 on Friday. The company has a market capitalization of $20.47 billion, a price-to-earnings ratio of 34.95 and a beta of 1.15. iShares U.S. Technology ETF has a one year low of $117.55 and a one year high of $201.50. The stock has a 50-day simple moving average of $187.90 and a 200 day simple moving average of $167.96.

iShares U.S. Technology ETF 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).