Hexagon Capital Partners LLC Sells 500 Shares of iShares U.S. Technology ETF (NYSEARCA:IYW)

Hexagon Capital Partners LLC decreased its position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 36.8% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 860 shares of the exchange traded fund’s stock after selling 500 shares during the quarter. Hexagon Capital Partners LLC’s holdings in iShares U.S. Technology ETF were worth $116,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Trexquant Investment LP bought a new stake in iShares U.S. Technology ETF during the third quarter worth $985,000. Synovus Financial Corp boosted its position in iShares U.S. Technology ETF by 4.9% in the third quarter. Synovus Financial Corp now owns 5,359 shares of the exchange traded fund’s stock worth $562,000 after purchasing an additional 248 shares during the last quarter. Axxcess Wealth Management LLC purchased a new position in iShares U.S. Technology ETF in the third quarter worth $336,000. Ameriprise Financial Inc. boosted its position in iShares U.S. Technology ETF by 1.0% in the third quarter. Ameriprise Financial Inc. now owns 1,004,033 shares of the exchange traded fund’s stock worth $105,271,000 after purchasing an additional 9,630 shares during the last quarter. Finally, Lakeshore Financial Planning Inc. purchased a new position in iShares U.S. Technology ETF in the third quarter worth $200,000.

iShares U.S. Technology ETF Price Performance

Shares of NYSEARCA IYW traded up $1.52 during trading on Monday, reaching $152.02. 757,700 shares of the stock traded hands, compared to its average volume of 885,725. iShares U.S. Technology ETF has a 52-week low of $100.84 and a 52-week high of $154.41. The company has a 50-day moving average of $140.26 and a 200-day moving average of $133.25. The stock has a market capitalization of $18.68 billion, a P/E ratio of 38.84 and a beta of 1.43.

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).