Transcend Capital Advisors LLC Trims Stock Holdings in iShares U.S. Technology ETF $IYW

Transcend Capital Advisors LLC decreased its position in iShares U.S. Technology ETF (NYSEARCA:IYW) by 10.3% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,755 shares of the exchange traded fund’s stock after selling 773 shares during the period. Transcend Capital Advisors LLC’s holdings in iShares U.S. Technology ETF were worth $1,170,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Harbor Asset Planning Inc. purchased a new position in iShares U.S. Technology ETF in the 2nd quarter worth $27,000. Bogart Wealth LLC raised its stake in iShares U.S. Technology ETF by 189.3% in the 2nd quarter. Bogart Wealth LLC now owns 162 shares of the exchange traded fund’s stock worth $28,000 after acquiring an additional 106 shares during the last quarter. Park Square Financial Group LLC raised 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 worth $33,000 after acquiring an additional 200 shares during the last quarter. Accredited Wealth Management LLC purchased a new position in iShares U.S. Technology ETF in the 1st quarter worth $33,000. Finally, Private Wealth Asset Management LLC purchased a new position in iShares U.S. Technology ETF in the 2nd quarter worth $39,000. Hedge funds and other institutional investors own 57.65% of the company’s stock.

iShares U.S. Technology ETF Stock Performance

NYSEARCA IYW opened at $207.31 on Tuesday. The stock has a 50-day simple moving average of $191.39 and a two-hundred day simple moving average of $173.15. The firm has a market capitalization of $22.10 billion, a P/E ratio of 34.95 and a beta of 1.23. iShares U.S. Technology ETF has a fifty-two week low of $117.55 and a fifty-two week high of $207.42.

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).