Howard Capital Management Group LLC Decreases Stake in iShares U.S. Technology ETF $IYW

Howard Capital Management Group LLC lowered its holdings in iShares U.S. Technology ETF (NYSEARCA:IYW) by 0.9% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 194,892 shares of the exchange traded fund’s stock after selling 1,850 shares during the period. iShares U.S. Technology ETF makes up 2.3% of Howard Capital Management Group LLC’s portfolio, making the stock its 15th biggest position. Howard Capital Management Group LLC owned about 0.16% of iShares U.S. Technology ETF worth $33,769,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in IYW. Hoey Investments Inc. acquired a new stake in iShares U.S. Technology ETF in the 1st quarter valued at $27,000. Trust Co. of Vermont acquired a new stake in shares of iShares U.S. Technology ETF in the first quarter valued at about $30,000. Park Square Financial Group LLC grew its stake 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 buying an additional 200 shares in 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 about $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 about $41,000. Institutional investors and hedge funds own 57.65% of the company’s stock.

iShares U.S. Technology ETF Stock Up 0.3%

Shares of NYSEARCA:IYW opened at $194.05 on Friday. iShares U.S. Technology ETF has a 52-week low of $117.55 and a 52-week high of $197.11. The company has a 50 day moving average of $184.33 and a two-hundred day moving average of $164.27. The company has a market capitalization of $24.27 billion, a price-to-earnings ratio of 34.95 and a beta of 1.15.

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).