Cadent Capital Advisors LLC Sells 560 Shares of iShares U.S. Technology ETF $IYW

Cadent Capital Advisors LLC reduced its stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 1.1% during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 51,474 shares of the exchange traded fund’s stock after selling 560 shares during the period. iShares U.S. Technology ETF makes up approximately 2.9% of Cadent Capital Advisors LLC’s holdings, making the stock its 9th biggest holding. Cadent Capital Advisors LLC’s holdings in iShares U.S. Technology ETF were worth $8,919,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of IYW. Hoey Investments Inc. acquired a new stake in iShares U.S. Technology ETF in the 1st quarter valued at approximately $27,000. Trust Co. of Vermont acquired a new stake in iShares U.S. Technology ETF in the 1st quarter valued at approximately $30,000. Park Square Financial Group LLC raised its holdings in shares of 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 valued at $33,000 after purchasing an additional 200 shares during the last quarter. Accredited Wealth Management LLC acquired a new stake in shares of iShares U.S. Technology ETF in the first quarter valued at approximately $33,000. Finally, SJS Investment Consulting Inc. acquired a new stake in shares of iShares U.S. Technology ETF in the second quarter valued at approximately $41,000. 57.65% of the stock is currently owned by institutional investors and hedge funds.

iShares U.S. Technology ETF Stock Down 0.1%

NYSEARCA:IYW opened at $193.48 on Friday. The firm has a market capitalization of $24.19 billion, a price-to-earnings ratio of 34.95 and a beta of 1.15. iShares U.S. Technology ETF has a twelve month low of $117.55 and a twelve month high of $197.11. The stock’s 50 day moving average price is $184.02 and its two-hundred day moving average price is $163.91.

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).