iShares U.S. Technology ETF $IYW Shares Sold by Northwest Capital Management Inc

Northwest Capital Management Inc trimmed its holdings in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 54.4% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 5,223 shares of the exchange traded fund’s stock after selling 6,219 shares during the quarter. Northwest Capital Management Inc’s holdings in iShares U.S. Technology ETF were worth $905,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. LPL Financial LLC increased its position in shares of iShares U.S. Technology ETF by 4.4% during the 1st quarter. LPL Financial LLC now owns 5,335,760 shares of the exchange traded fund’s stock worth $749,354,000 after purchasing an additional 224,438 shares during the last quarter. PGIM Custom Harvest LLC grew its position in iShares U.S. Technology ETF by 4.4% in the 1st quarter. PGIM Custom Harvest LLC now owns 4,528,761 shares of the exchange traded fund’s stock valued at $636,019,000 after acquiring an additional 192,008 shares in the last quarter. The Manufacturers Life Insurance Company grew its position in iShares U.S. Technology ETF by 113.3% in the 1st quarter. The Manufacturers Life Insurance Company now owns 1,021,938 shares of the exchange traded fund’s stock valued at $143,521,000 after acquiring an additional 542,816 shares in the last quarter. Commonwealth Equity Services LLC grew its position in iShares U.S. Technology ETF by 8.3% in the 1st quarter. Commonwealth Equity Services LLC now owns 945,244 shares of the exchange traded fund’s stock valued at $132,750,000 after acquiring an additional 72,139 shares in the last quarter. Finally, Cetera Investment Advisers grew its position in iShares U.S. Technology ETF by 1.5% in the 1st quarter. Cetera Investment Advisers now owns 703,233 shares of the exchange traded fund’s stock valued at $98,762,000 after acquiring an additional 10,647 shares in the last quarter. 57.65% of the stock is owned by institutional investors and hedge funds.

iShares U.S. Technology ETF Price Performance

NYSEARCA IYW opened at $197.38 on Tuesday. The company has a market cap of $20.94 billion, a P/E ratio of 34.95 and a beta of 1.15. The stock has a 50-day moving average of $188.22 and a two-hundred day moving average of $168.52. iShares U.S. Technology ETF has a 1-year low of $117.55 and a 1-year high of $201.50.

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).