Nwam LLC Has $622,000 Position in iShares U.S. Technology ETF $IYW

Nwam LLC trimmed its stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 47.9% in the third quarter, Holdings Channel.com reports. The firm owned 3,145 shares of the exchange traded fund’s stock after selling 2,891 shares during the quarter. Nwam LLC’s holdings in iShares U.S. Technology ETF were worth $622,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in IYW. Bell Investment Advisors Inc bought a new stake in shares of iShares U.S. Technology ETF during the second quarter worth $25,000. Harbor Asset Planning Inc. acquired a new stake in shares of iShares U.S. Technology ETF during the 2nd quarter valued at $27,000. Bogart Wealth LLC grew its position in iShares U.S. Technology ETF by 189.3% during 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. Bangor Savings Bank bought a new stake in iShares U.S. Technology ETF during the 3rd quarter worth $31,000. Finally, Abound Wealth Management acquired a new position in iShares U.S. Technology ETF in the 3rd quarter worth about $34,000. Institutional investors own 57.65% of the company’s stock.

iShares U.S. Technology ETF Trading Down 0.0%

iShares U.S. Technology ETF stock opened at $199.89 on Friday. The stock has a 50-day moving average price of $199.67 and a two-hundred day moving average price of $192.34. iShares U.S. Technology ETF has a 12 month low of $117.55 and a 12 month high of $211.98. The company has a market capitalization of $20.90 billion, a PE ratio of 34.95 and a beta of 1.23.

iShares U.S. Technology ETF 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.