iShares U.S. Technology ETF (NYSEARCA:IYW) Shares Sold by Invst LLC

Invst LLC cut its position in iShares U.S. Technology ETF (NYSEARCA:IYW) by 40.6% during the third quarter, HoldingsChannel.com reports. The fund owned 52,068 shares of the exchange traded fund’s stock after selling 35,566 shares during the period. Invst LLC’s holdings in iShares U.S. Technology ETF were worth $7,895,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in IYW. Rosenberg Matthew Hamilton lifted its position in iShares U.S. Technology ETF by 133.8% during the second quarter. Rosenberg Matthew Hamilton now owns 166 shares of the exchange traded fund’s stock worth $25,000 after buying an additional 95 shares in the last quarter. Central Bank & Trust Co. increased its stake in shares of iShares U.S. Technology ETF by 343.6% in the 2nd quarter. Central Bank & Trust Co. now owns 173 shares of the exchange traded fund’s stock worth $26,000 after acquiring an additional 134 shares during the last quarter. Phillips Financial Management LLC raised its holdings in shares of iShares U.S. Technology ETF by 1,545.5% during the 3rd quarter. Phillips Financial Management LLC now owns 181 shares of the exchange traded fund’s stock worth $27,000 after acquiring an additional 170 shares during the period. Chris Bulman Inc acquired a new position in shares of iShares U.S. Technology ETF during the 2nd quarter valued at about $41,000. Finally, Activest Wealth Management purchased a new stake in shares of iShares U.S. Technology ETF in the third quarter valued at about $52,000.

iShares U.S. Technology ETF Trading Down 1.1 %

iShares U.S. Technology ETF stock opened at $162.35 on Wednesday. The company has a 50-day moving average price of $157.04 and a 200 day moving average price of $150.57. iShares U.S. Technology ETF has a 12-month low of $117.19 and a 12-month high of $165.92. The stock has a market cap of $19.94 billion, a P/E ratio of 38.84 and a beta of 1.43.

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).