Ashton Thomas Private Wealth LLC Sells 278,607 Shares of iShares U.S. Technology ETF $IYW

Ashton Thomas Private Wealth LLC trimmed its position in iShares U.S. Technology ETF (NYSEARCA:IYW) by 86.3% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 44,256 shares of the exchange traded fund’s stock after selling 278,607 shares during the quarter. Ashton Thomas Private Wealth LLC’s holdings in iShares U.S. Technology ETF were worth $7,668,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Harbor Asset Planning Inc. acquired a new stake in shares of iShares U.S. Technology ETF in the second quarter worth $27,000. Bogart Wealth LLC lifted its stake in shares of iShares U.S. Technology ETF by 189.3% in the second quarter. Bogart Wealth LLC now owns 162 shares of the exchange traded fund’s stock worth $28,000 after buying an additional 106 shares during the last quarter. Trust Co. of Vermont acquired a new stake in shares of iShares U.S. Technology ETF in the first quarter worth $30,000. Park Square Financial Group LLC lifted its stake 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 worth $33,000 after buying an additional 200 shares during the last quarter. Finally, Accredited Wealth Management LLC acquired a new stake in shares of iShares U.S. Technology ETF in the first quarter worth $33,000. 57.65% of the stock is currently owned by institutional investors and hedge funds.

iShares U.S. Technology ETF Trading Up 1.6%

Shares of iShares U.S. Technology ETF stock opened at $203.09 on Monday. The firm has a fifty day simple moving average of $190.92 and a 200-day simple moving average of $172.67. iShares U.S. Technology ETF has a 1-year low of $117.55 and a 1-year high of $203.85. The stock has a market capitalization of $21.66 billion, a price-to-earnings ratio of 34.95 and a beta of 1.15.

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).