Captrust Financial Advisors Reduces Position in iShares U.S. Technology ETF $IYW

Captrust Financial Advisors reduced its stake in iShares U.S. Technology ETF (NYSEARCA:IYW) by 5.9% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 320,764 shares of the exchange traded fund’s stock after selling 20,232 shares during the quarter. Captrust Financial Advisors owned about 0.30% of iShares U.S. Technology ETF worth $62,825,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the stock. Principal Financial Group Inc. boosted its position in iShares U.S. Technology ETF by 99.1% during the third quarter. Principal Financial Group Inc. now owns 107,427 shares of the exchange traded fund’s stock worth $21,041,000 after acquiring an additional 53,466 shares during the last quarter. Compound Planning Inc. raised its holdings in iShares U.S. Technology ETF by 10.7% in the 3rd quarter. Compound Planning Inc. now owns 135,021 shares of the exchange traded fund’s stock valued at $26,445,000 after acquiring an additional 13,045 shares during the last quarter. Clear Creek Financial Management LLC raised its holdings in iShares U.S. Technology ETF by 32.2% in the 3rd quarter. Clear Creek Financial Management LLC now owns 11,842 shares of the exchange traded fund’s stock valued at $2,319,000 after acquiring an additional 2,882 shares during the last quarter. Ashton Thomas Securities LLC purchased a new position in shares of iShares U.S. Technology ETF during the 3rd quarter worth $1,093,000. Finally, HB Wealth Management LLC lifted its stake in shares of iShares U.S. Technology ETF by 48.2% during the 3rd quarter. HB Wealth Management LLC now owns 16,713 shares of the exchange traded fund’s stock worth $3,274,000 after purchasing an additional 5,439 shares during the period. Institutional investors and hedge funds own 57.65% of the company’s stock.

iShares U.S. Technology ETF Stock Down 1.1%

IYW stock opened at $188.65 on Thursday. The stock has a market capitalization of $19.74 billion, a price-to-earnings ratio of 34.95 and a beta of 1.23. iShares U.S. Technology ETF has a 52-week low of $117.55 and a 52-week high of $211.98. The stock’s fifty day simple moving average is $194.62 and its 200-day simple moving average is $196.50.

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). 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.