iShares U.S. Technology ETF (NYSEARCA:IYW) Shares Sold by Redhawk Wealth Advisors Inc.

Redhawk Wealth Advisors Inc. cut its stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 14.1% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 5,203 shares of the exchange traded fund’s stock after selling 854 shares during the quarter. Redhawk Wealth Advisors Inc.’s holdings in iShares U.S. Technology ETF were worth $783,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in IYW. VitalStone Financial LLC acquired a new stake in iShares U.S. Technology ETF in the first quarter valued at $36,000. Sugarloaf Wealth Management LLC grew its stake in iShares U.S. Technology ETF by 40.3% in the 2nd quarter. Sugarloaf Wealth Management LLC now owns 397 shares of the exchange traded fund’s stock valued at $60,000 after acquiring an additional 114 shares during the last quarter. Tidemark LLC purchased a new position in iShares U.S. Technology ETF during the 4th quarter valued at about $50,000. GAMMA Investing LLC acquired a new position in iShares U.S. Technology ETF during the fourth quarter worth about $52,000. Finally, SYM FINANCIAL Corp acquired a new stake in shares of iShares U.S. Technology ETF in the first quarter valued at approximately $61,000.

iShares U.S. Technology ETF Trading Up 2.5 %

Shares of NYSEARCA IYW traded up $3.63 during trading on Thursday, reaching $147.71. The company had a trading volume of 501,862 shares, compared to its average volume of 898,337. iShares U.S. Technology ETF has a twelve month low of $100.84 and a twelve month high of $158.97. The stock has a 50-day moving average price of $148.09 and a two-hundred day moving average price of $138.77. The stock has a market capitalization of $18.15 billion, a PE 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).