iShares U.S. Technology ETF $IYW Shares Sold by Crown Wealth Group LLC

Crown Wealth Group LLC reduced its stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 20.9% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 34,964 shares of the exchange traded fund’s stock after selling 9,257 shares during the quarter. iShares U.S. Technology ETF comprises approximately 2.3% of Crown Wealth Group LLC’s portfolio, making the stock its 12th largest holding. Crown Wealth Group LLC’s holdings in iShares U.S. Technology ETF were worth $9,262,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in IYW. GKV Capital Management Co. Inc. increased its stake in iShares U.S. Technology ETF by 3.2% in the 1st quarter. GKV Capital Management Co. Inc. now owns 1,462 shares of the exchange traded fund’s stock valued at $265,000 after buying an additional 46 shares during the period. Quantum Financial Partners LLC lifted its position in iShares U.S. Technology ETF by 5.9% in the 3rd quarter. Quantum Financial Partners LLC now owns 1,027 shares of the exchange traded fund’s stock worth $272,000 after buying an additional 57 shares in the last quarter. Tactive Advisors LLC lifted its position in iShares U.S. Technology ETF by 1.2% in the 2nd quarter. Tactive Advisors LLC now owns 5,133 shares of the exchange traded fund’s stock worth $1,295,000 after buying an additional 60 shares in the last quarter. Jackson Square Capital LLC boosted its stake in shares of iShares U.S. Technology ETF by 5.8% during the 3rd quarter. Jackson Square Capital LLC now owns 1,119 shares of the exchange traded fund’s stock valued at $296,000 after buying an additional 61 shares during the period. Finally, Catalina Capital Group LLC boosted its stake 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 valued at $1,601,000 after buying an additional 63 shares during the period. 57.65% of the stock is owned by hedge funds and other institutional investors.

iShares U.S. Technology ETF Stock Up 1.2%

Shares of NYSEARCA:IYW traded up $3.02 during trading on Monday, reaching $254.26. 497,147 shares of the company traded hands, compared to its average volume of 1,072,463. The firm has a fifty day simple moving average of $256.92 and a 200 day simple moving average of $241.73. iShares U.S. Technology ETF has a 1-year low of $172.54 and a 1-year high of $274.44. The firm has a market cap of $24.70 billion, a P/E 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.