Centurion Wealth Management LLC Decreases Stake in iShares U.S. Technology ETF $IYW

Centurion Wealth Management LLC reduced its holdings in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 81.7% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,904 shares of the exchange traded fund’s stock after selling 8,515 shares during the quarter. Centurion Wealth Management LLC’s holdings in iShares U.S. Technology ETF were worth $373,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently bought and sold shares of the company. Presilium Private Wealth LLC bought a new position in shares of iShares U.S. Technology ETF in the 2nd quarter worth approximately $203,000. Sigma Investment Counselors Inc. bought a new stake in iShares U.S. Technology ETF during the second quarter valued at approximately $224,000. Johnson Investment Counsel Inc. increased its holdings in iShares U.S. Technology ETF by 10.6% during the second quarter. Johnson Investment Counsel Inc. now owns 56,687 shares of the exchange traded fund’s stock valued at $9,822,000 after buying an additional 5,429 shares during the last quarter. Gilliland Jeter Wealth Management LLC raised its position in iShares U.S. Technology ETF by 3.7% in the second quarter. Gilliland Jeter Wealth Management LLC now owns 23,014 shares of the exchange traded fund’s stock worth $3,988,000 after acquiring an additional 828 shares during the period. Finally, Wealthstar Advisors LLC raised its position in iShares U.S. Technology ETF by 144.4% in the second quarter. Wealthstar Advisors LLC now owns 20,897 shares of the exchange traded fund’s stock worth $3,621,000 after acquiring an additional 12,346 shares during the period. 57.65% of the stock is currently owned by institutional investors.

iShares U.S. Technology ETF Price Performance

Shares of iShares U.S. Technology ETF stock opened at $199.75 on Friday. iShares U.S. Technology ETF has a 1-year low of $117.55 and a 1-year high of $211.98. The company’s fifty day simple moving average is $200.03 and its 200-day simple moving average is $187.47. The stock has a market capitalization of $21.53 billion, a PE ratio of 34.95 and a beta of 1.23.

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). The Index measures the performance of the technology sector of the United States equity market, and includes companies in the industry groups, such as software and computer services and technology hardware and equipment.