iShares U.S. Technology ETF $IYW Stock Position Lessened by Apollon Wealth Management LLC

Apollon Wealth Management LLC decreased its holdings in iShares U.S. Technology ETF (NYSEARCA:IYW) by 1.0% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 39,942 shares of the exchange traded fund’s stock after selling 397 shares during the quarter. Apollon Wealth Management LLC’s holdings in iShares U.S. Technology ETF were worth $6,921,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently modified their holdings of the company. Hoey Investments Inc. bought a new position in shares of iShares U.S. Technology ETF in the first quarter worth $27,000. Trust Co. of Vermont acquired a new stake in shares of iShares U.S. Technology ETF in the first quarter valued at $30,000. Park Square Financial Group LLC lifted its holdings in shares of iShares U.S. Technology ETF by 588.2% in the first quarter. Park Square Financial Group LLC now owns 234 shares of the exchange traded fund’s stock valued at $33,000 after buying an additional 200 shares during the period. Accredited Wealth Management LLC acquired a new stake in shares of iShares U.S. Technology ETF in the first quarter valued at $33,000. Finally, SJS Investment Consulting Inc. acquired a new stake in shares of iShares U.S. Technology ETF in the second quarter valued at $41,000. Institutional investors own 57.65% of the company’s stock.

iShares U.S. Technology ETF Stock Down 3.9%

Shares of iShares U.S. Technology ETF stock opened at $192.80 on Friday. The firm has a market cap of $20.47 billion, a price-to-earnings ratio of 34.95 and a beta of 1.15. The business has a fifty day simple moving average of $187.90 and a 200-day simple moving average of $167.96. iShares U.S. Technology ETF has a fifty-two week low of $117.55 and a fifty-two week high of $201.50.

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).