Cwm LLC Reduces Stock Position in iShares U.S. Technology ETF $IYW

Cwm LLC trimmed its position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 85.3% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 133,208 shares of the exchange traded fund’s stock after selling 773,185 shares during the quarter. Cwm LLC owned 0.12% of iShares U.S. Technology ETF worth $26,090,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently modified their holdings of IYW. Bell Investment Advisors Inc purchased a new stake in iShares U.S. Technology ETF during the second quarter valued at approximately $25,000. Harbor Asset Planning Inc. bought a new stake in shares of iShares U.S. Technology ETF during the 2nd quarter valued at $27,000. Bogart Wealth LLC grew its position in shares of iShares U.S. Technology ETF by 189.3% during the 2nd quarter. Bogart Wealth LLC now owns 162 shares of the exchange traded fund’s stock valued at $28,000 after acquiring an additional 106 shares during the period. Abound Wealth Management purchased a new stake in shares of iShares U.S. Technology ETF in the 3rd quarter worth $34,000. Finally, Tsfg LLC raised its holdings in iShares U.S. Technology ETF by 35.4% in the 2nd quarter. Tsfg LLC now owns 222 shares of the exchange traded fund’s stock worth $38,000 after purchasing an additional 58 shares during the period. 57.65% of the stock is currently owned by hedge funds and other institutional investors.

iShares U.S. Technology ETF Trading Up 0.1%

Shares of NYSEARCA:IYW opened at $202.92 on Friday. The stock has a 50 day moving average of $200.61 and a 200 day moving average of $188.67. The company has a market cap of $21.87 billion, a PE ratio of 34.95 and a beta of 1.23. iShares U.S. Technology ETF has a 12-month low of $117.55 and a 12-month high of $211.98.

iShares U.S. Technology ETF 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). 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.