iShares U.S. Technology ETF $IYW Shares Sold by Centerline Wealth Advisors LLC

Centerline Wealth Advisors LLC lessened its position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 17.8% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 25,688 shares of the exchange traded fund’s stock after selling 5,547 shares during the quarter. iShares U.S. Technology ETF comprises approximately 2.0% of Centerline Wealth Advisors LLC’s portfolio, making the stock its 18th largest position. Centerline Wealth Advisors LLC’s holdings in iShares U.S. Technology ETF were worth $6,479,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in IYW. GKV Capital Management Co. Inc. raised its position in iShares U.S. Technology ETF by 3.2% in the first quarter. GKV Capital Management Co. Inc. now owns 1,462 shares of the exchange traded fund’s stock valued at $265,000 after purchasing an additional 46 shares during the period. Lavaca Capital LLC grew its holdings in shares of iShares U.S. Technology ETF by 1.0% during the 4th quarter. Lavaca Capital LLC now owns 6,059 shares of the exchange traded fund’s stock worth $1,210,000 after purchasing an additional 59 shares during the period. Tactive Advisors LLC grew its holdings in shares of iShares U.S. Technology ETF by 1.2% during the 2nd quarter. Tactive Advisors LLC now owns 5,133 shares of the exchange traded fund’s stock worth $1,295,000 after purchasing an additional 60 shares during the period. Americana Partners LLC increased its position in shares of iShares U.S. Technology ETF by 3.0% during the 4th quarter. Americana Partners LLC now owns 2,111 shares of the exchange traded fund’s stock worth $422,000 after purchasing an additional 62 shares during the last quarter. Finally, Catalina Capital Group LLC increased its position in shares of iShares U.S. Technology ETF by 0.7% during the 1st quarter. Catalina Capital Group LLC now owns 8,824 shares of the exchange traded fund’s stock worth $1,601,000 after purchasing an additional 63 shares during the last quarter. 57.65% of the stock is currently owned by institutional investors and hedge funds.

iShares U.S. Technology ETF Trading Down 0.1%

Shares of IYW opened at $253.08 on Wednesday. The company’s 50-day moving average price is $246.71 and its 200 day moving average price is $227.30. iShares U.S. Technology ETF has a 12-month low of $172.54 and a 12-month high of $261.01. The firm has a market cap of $25.07 billion, a P/E ratio of 34.95 and a beta of 1.36.

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). 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.