Dentgroup LLC lowered its stake in iShares U.S. Technology ETF (NYSEARCA:IYW – Free Report) by 20.0% during the second quarter, Holdings Channel.com reports. The fund owned 2,649 shares of the exchange traded fund’s stock after selling 662 shares during the quarter. Dentgroup LLC’s holdings in iShares U.S. Technology ETF were worth $459,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Hoey Investments Inc. acquired a new stake in iShares U.S. Technology ETF during the 1st quarter worth $27,000. Trust Co. of Vermont acquired a new stake in iShares U.S. Technology ETF during the 1st quarter worth $30,000. Park Square Financial Group LLC boosted its stake 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 worth $33,000 after purchasing an additional 200 shares during the last quarter. Accredited Wealth Management LLC acquired a new stake in iShares U.S. Technology ETF during the 1st quarter worth $33,000. Finally, Tidemark LLC boosted its stake in iShares U.S. Technology ETF by 56.0% during the 1st quarter. Tidemark LLC now owns 301 shares of the exchange traded fund’s stock worth $42,000 after purchasing an additional 108 shares during the last quarter. Institutional investors and hedge funds own 57.65% of the company’s stock.
iShares U.S. Technology ETF Stock Up 0.4%
Shares of IYW opened at $188.68 on Friday. iShares U.S. Technology ETF has a 52-week low of $117.55 and a 52-week high of $189.10. The firm’s fifty day moving average is $180.99 and its two-hundred day moving average is $161.29. The stock has a market cap of $23.59 billion, a PE ratio of 34.95 and a beta of 1.15.
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).
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