One Wealth Capital Management LLC Reduces Position in iShares U.S. Technology ETF $IYW

One Wealth Capital Management LLC decreased its position in iShares U.S. Technology ETF (NYSEARCA:IYW) by 74.2% during the 3rd quarter, Holdings Channel reports. The firm owned 4,343 shares of the exchange traded fund’s stock after selling 12,465 shares during the period. One Wealth Capital Management LLC’s holdings in iShares U.S. Technology ETF were worth $851,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Bell Investment Advisors Inc purchased a new stake in iShares U.S. Technology ETF during the 2nd quarter valued at $25,000. Bangor Savings Bank purchased a new position in shares of iShares U.S. Technology ETF in the third quarter valued at about $31,000. Hantz Financial Services Inc. bought a new position in shares of iShares U.S. Technology ETF during the third quarter valued at about $31,000. Abound Wealth Management purchased a new stake in shares of iShares U.S. Technology ETF during the third quarter worth about $34,000. Finally, Collier Financial bought a new stake in shares of iShares U.S. Technology ETF in the third quarter worth about $37,000. 57.65% of the stock is currently owned by institutional investors.

iShares U.S. Technology ETF Price Performance

Shares of NYSEARCA:IYW opened at $191.71 on Friday. The stock’s 50-day moving average is $196.64 and its 200 day moving average is $195.87. The company has a market cap of $20.06 billion, a PE ratio of 34.95 and a beta of 1.23. iShares U.S. Technology ETF has a 1 year low of $117.55 and a 1 year high of $211.98.

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.