Hobart Private Capital LLC Sells 240 Shares of iShares U.S. Technology ETF $IYW

Hobart Private Capital LLC lessened its stake in iShares U.S. Technology ETF (NYSEARCA:IYW) by 12.4% in the second quarter, HoldingsChannel reports. The firm owned 1,701 shares of the exchange traded fund’s stock after selling 240 shares during the period. Hobart Private Capital LLC’s holdings in iShares U.S. Technology ETF were worth $295,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in IYW. Harbor Asset Planning Inc. acquired a new stake in shares of iShares U.S. Technology ETF in the 2nd quarter valued at approximately $27,000. Bogart Wealth LLC boosted its position in shares of iShares U.S. Technology ETF by 189.3% during the second quarter. Bogart Wealth LLC now owns 162 shares of the exchange traded fund’s stock worth $28,000 after purchasing an additional 106 shares in the last quarter. Trust Co. of Vermont bought a new position in shares of iShares U.S. Technology ETF during the first quarter worth $30,000. Park Square Financial Group LLC increased its stake in iShares U.S. Technology ETF by 588.2% in 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 during the last quarter. Finally, Accredited Wealth Management LLC acquired a new position in shares of iShares U.S. Technology ETF during the 1st quarter worth about $33,000. Institutional investors own 57.65% of the company’s stock.

iShares U.S. Technology ETF Price Performance

iShares U.S. Technology ETF stock opened at $203.09 on Friday. The firm has a market capitalization of $21.66 billion, a PE ratio of 34.95 and a beta of 1.15. The company’s 50-day moving average is $190.92 and its 200-day moving average is $172.09. iShares U.S. Technology ETF has a fifty-two week low of $117.55 and a fifty-two week high of $203.85.

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).