iShares U.S. Technology ETF $IYW Stock: Perryman Financial Advisory Inc. AD Reduces Stake

Perryman Financial Advisory Inc. AD trimmed its position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 99.3% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,865 shares of the exchange traded fund’s stock after selling 256,065 shares during the period. Perryman Financial Advisory Inc. AD’s holdings in iShares U.S. Technology ETF were worth $494,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in IYW. GKV Capital Management Co. Inc. increased its stake in shares of iShares U.S. Technology ETF by 3.2% during the 1st quarter. GKV Capital Management Co. Inc. now owns 1,462 shares of the exchange traded fund’s stock worth $265,000 after purchasing an additional 46 shares during the last quarter. Tactive Advisors LLC raised its stake in shares of iShares U.S. Technology ETF by 1.2% in the second quarter. Tactive Advisors LLC now owns 5,133 shares of the exchange traded fund’s stock valued at $1,295,000 after purchasing an additional 60 shares in the last quarter. Catalina Capital Group LLC increased its stake in iShares U.S. Technology ETF by 0.7% in the first quarter. Catalina Capital Group LLC now owns 8,824 shares of the exchange traded fund’s stock valued at $1,601,000 after acquiring an additional 63 shares during the period. Mayflower Financial Advisors LLC raised its holdings in shares of iShares U.S. Technology ETF by 0.5% in the 1st quarter. Mayflower Financial Advisors LLC now owns 13,140 shares of the exchange traded fund’s stock worth $2,384,000 after buying an additional 65 shares in the last quarter. Finally, Intrua Financial LLC lifted its holdings in shares of iShares U.S. Technology ETF by 2.0% during the first quarter. Intrua Financial LLC now owns 3,365 shares of the exchange traded fund’s stock valued at $610,000 after acquiring an additional 65 shares during the period. Hedge funds and other institutional investors own 57.65% of the company’s stock.

iShares U.S. Technology ETF Price Performance

Shares of IYW stock traded down $7.46 during trading hours on Friday, hitting $251.24. 984,968 shares of the company’s stock were exchanged, compared to its average volume of 1,075,354. iShares U.S. Technology ETF has a 52 week low of $172.54 and a 52 week high of $274.44. The stock’s 50-day moving average is $256.92 and its 200-day moving average is $241.26. The stock has a market cap of $24.41 billion, a price-to-earnings ratio of 34.95 and a beta of 1.35.

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.