Bush Investment Group LLC Cuts Position in iShares U.S. Technology ETF (NYSEARCA:IYW)

Bush Investment Group LLC lessened its stake in iShares U.S. Technology ETF (NYSEARCA:IYW) by 3.6% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 8,531 shares of the exchange traded fund’s stock after selling 314 shares during the quarter. iShares U.S. Technology ETF makes up approximately 1.0% of Bush Investment Group LLC’s portfolio, making the stock its 17th biggest holding. Bush Investment Group LLC’s holdings in iShares U.S. Technology ETF were worth $1,294,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Natixis Advisors LLC raised its holdings in shares of iShares U.S. Technology ETF by 28.1% in the 3rd quarter. Natixis Advisors LLC now owns 16,136 shares of the exchange traded fund’s stock worth $2,447,000 after purchasing an additional 3,539 shares during the period. Ascent Group LLC raised its holdings in shares of iShares U.S. Technology ETF by 22.7% in the 2nd quarter. Ascent Group LLC now owns 43,612 shares of the exchange traded fund’s stock worth $6,564,000 after purchasing an additional 8,077 shares during the period. Great Valley Advisor Group Inc. raised its holdings in shares of iShares U.S. Technology ETF by 1.9% in the 3rd quarter. Great Valley Advisor Group Inc. now owns 3,963 shares of the exchange traded fund’s stock worth $600,000 after purchasing an additional 73 shares during the period. Brown Brothers Harriman & Co. raised its holdings in shares of iShares U.S. Technology ETF by 81.7% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 545 shares of the exchange traded fund’s stock worth $83,000 after purchasing an additional 245 shares during the period. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors bought a new stake in shares of iShares U.S. Technology ETF in the 2nd quarter worth approximately $232,000.

iShares U.S. Technology ETF Trading Down 0.6 %

NYSEARCA:IYW opened at $164.30 on Friday. The stock has a market capitalization of $20.18 billion, a PE ratio of 38.84 and a beta of 1.43. The firm’s 50 day moving average is $157.65 and its 200 day moving average is $150.77. iShares U.S. Technology ETF has a 12 month low of $117.19 and a 12 month high of $165.92.

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).