WealthBridge Capital Management LLC Cuts Stock Holdings in iShares U.S. Technology ETF $IYW

WealthBridge Capital Management LLC trimmed its stake in iShares U.S. Technology ETF (NYSEARCA:IYW) by 2.8% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 33,701 shares of the exchange traded fund’s stock after selling 965 shares during the period. iShares U.S. Technology ETF makes up approximately 1.5% of WealthBridge Capital Management LLC’s portfolio, making the stock its 15th biggest holding. WealthBridge Capital Management LLC’s holdings in iShares U.S. Technology ETF were worth $5,839,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of IYW. Bell Investment Advisors Inc bought a new stake in iShares U.S. Technology ETF during the second quarter valued at approximately $25,000. Harbor Asset Planning Inc. purchased a new stake in shares of iShares U.S. Technology ETF during the 2nd quarter valued at $27,000. Bogart Wealth LLC lifted its holdings in shares of 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. Accredited Wealth Management LLC bought a new stake in shares of iShares U.S. Technology ETF during the 1st quarter worth $33,000. Finally, Tsfg LLC grew its position in iShares U.S. Technology ETF by 35.4% in the second quarter. Tsfg LLC now owns 222 shares of the exchange traded fund’s stock worth $38,000 after acquiring an additional 58 shares in the last quarter. 57.65% of the stock is owned by hedge funds and other institutional investors.

iShares U.S. Technology ETF Stock Up 0.4%

NYSEARCA IYW opened at $189.93 on Friday. The stock’s 50-day simple moving average is $198.39 and its two-hundred day simple moving average is $181.27. iShares U.S. Technology ETF has a twelve month low of $117.55 and a twelve month high of $211.98. The company has a market capitalization of $20.47 billion, a price-to-earnings 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).