Counterweight Ventures LLC Sells 6,319 Shares of iShares U.S. Technology ETF $IYW

Counterweight Ventures LLC lessened its holdings in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 23.9% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 20,074 shares of the exchange traded fund’s stock after selling 6,319 shares during the quarter. iShares U.S. Technology ETF makes up 2.0% of Counterweight Ventures LLC’s portfolio, making the stock its 16th largest holding. Counterweight Ventures LLC’s holdings in iShares U.S. Technology ETF were worth $3,642,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. AQR Capital Management LLC grew its holdings in iShares U.S. Technology ETF by 58.1% during the first quarter. AQR Capital Management LLC now owns 10,066 shares of the exchange traded fund’s stock valued at $1,414,000 after purchasing an additional 3,699 shares during the period. Russell Investments Group Ltd. raised its stake in shares of iShares U.S. Technology ETF by 9.8% in the second quarter. Russell Investments Group Ltd. now owns 1,094 shares of the exchange traded fund’s stock worth $190,000 after buying an additional 98 shares during the period. First Trust Advisors LP bought a new position in shares of iShares U.S. Technology ETF in the second quarter worth about $222,000. Main Street Financial Solutions LLC raised its stake in shares of iShares U.S. Technology ETF by 95.7% in the second quarter. Main Street Financial Solutions LLC now owns 2,851 shares of the exchange traded fund’s stock worth $494,000 after buying an additional 1,394 shares during the period. Finally, Ieq Capital LLC lifted its position in shares of iShares U.S. Technology ETF by 0.8% during the 2nd quarter. Ieq Capital LLC now owns 20,844 shares of the exchange traded fund’s stock valued at $3,612,000 after buying an additional 166 shares in the last quarter. Institutional investors own 57.65% of the company’s stock.

iShares U.S. Technology ETF Stock Performance

Shares of NYSEARCA:IYW opened at $243.48 on Friday. The stock has a 50 day moving average of $240.99 and a 200 day moving average of $211.12. The company has a market cap of $24.52 billion, a PE ratio of 34.95 and a beta of 1.35. iShares U.S. Technology ETF has a 12-month low of $172.54 and a 12-month high of $261.01.

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.