10,497 iShares U.S. Technology ETF $IYW Shares Sold by Howard Capital Management Group LLC

Howard Capital Management Group LLC cut its stake in iShares U.S. Technology ETF (NYSEARCA:IYW) by 5.9% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 166,038 shares of the exchange traded fund’s stock after selling 10,497 shares during the period. iShares U.S. Technology ETF accounts for approximately 2.7% of Howard Capital Management Group LLC’s portfolio, making the stock its 11th largest position. Howard Capital Management Group LLC owned 0.17% of iShares U.S. Technology ETF worth $43,984,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. Go Invest LLC purchased a new position in shares of iShares U.S. Technology ETF in the 3rd quarter valued at approximately $30,000. Monetary Solutions Ltd bought a new stake in shares of iShares U.S. Technology ETF during the fourth quarter valued at approximately $26,000. Sankala Group LLC purchased a new stake in iShares U.S. Technology ETF in the fourth quarter worth $26,000. Tompkins Financial Corp purchased a new stake in iShares U.S. Technology ETF in the third quarter worth $40,000. Finally, Bangor Savings Bank bought a new position in iShares U.S. Technology ETF in the third quarter worth $42,000. Institutional investors own 57.65% of the company’s stock.

iShares U.S. Technology ETF Trading Down 2.9%

iShares U.S. Technology ETF stock traded down $7.46 on Friday, hitting $251.24. 984,968 shares of the stock traded hands, compared to its average volume of 1,075,354. The firm has a market cap of $24.41 billion, a P/E ratio of 34.95 and a beta of 1.35. The business’s fifty day simple moving average is $256.92 and its 200 day simple moving average is $241.26. iShares U.S. Technology ETF has a 1 year low of $172.54 and a 1 year high of $274.44.

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.