Commonwealth Retirement Investments LLC Decreases Stake in iShares U.S. Technology ETF $IYW

Commonwealth Retirement Investments LLC lowered its position in iShares U.S. Technology ETF (NYSEARCA:IYW) by 24.2% in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 5,562 shares of the exchange traded fund’s stock after selling 1,778 shares during the quarter. Commonwealth Retirement Investments LLC’s holdings in iShares U.S. Technology ETF were worth $964,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in IYW. Harbor Asset Planning Inc. purchased a new stake in iShares U.S. Technology ETF in the 2nd quarter worth about $27,000. Bogart Wealth LLC grew its holdings in 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 buying an additional 106 shares in the last quarter. Park Square Financial Group LLC grew its holdings in iShares U.S. Technology ETF by 588.2% during the 1st 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 purchased a new position in iShares U.S. Technology ETF during the 1st quarter valued at about $33,000. Finally, Tsfg LLC grew its holdings in iShares U.S. Technology ETF by 35.4% during the 2nd quarter. Tsfg LLC now owns 222 shares of the exchange traded fund’s stock valued at $38,000 after buying an additional 58 shares in the last quarter. Hedge funds and other institutional investors own 57.65% of the company’s stock.

iShares U.S. Technology ETF Stock Down 2.5%

IYW stock opened at $203.61 on Wednesday. The firm has a market capitalization of $21.74 billion, a PE ratio of 34.95 and a beta of 1.23. iShares U.S. Technology ETF has a twelve month low of $117.55 and a twelve month high of $211.98. The stock has a 50-day simple moving average of $194.70 and a two-hundred day simple moving average of $176.56.

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).