May Hill Capital LLC Sells 2,870 Shares of iShares U.S. Technology ETF $IYW

May Hill Capital LLC lowered its holdings in iShares U.S. Technology ETF (NYSEARCA:IYW) by 23.2% in the 3rd quarter, HoldingsChannel reports. The firm owned 9,507 shares of the exchange traded fund’s stock after selling 2,870 shares during the quarter. May Hill Capital LLC’s holdings in iShares U.S. Technology ETF were worth $1,862,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Laurel Wealth Advisors LLC boosted its stake in shares of iShares U.S. Technology ETF by 18,553.4% during the second quarter. Laurel Wealth Advisors LLC now owns 3,690,017 shares of the exchange traded fund’s stock valued at $639,369,000 after purchasing an additional 3,670,235 shares in the last quarter. Hsbc Holdings PLC lifted its holdings in iShares U.S. Technology ETF by 52.6% during the second quarter. Hsbc Holdings PLC now owns 1,164,822 shares of the exchange traded fund’s stock worth $201,829,000 after buying an additional 401,472 shares during the period. Parker Investment Management LLC lifted its holdings in iShares U.S. Technology ETF by 126.4% during the second quarter. Parker Investment Management LLC now owns 700,717 shares of the exchange traded fund’s stock worth $121,413,000 after buying an additional 391,273 shares during the period. Sagespring Wealth Partners LLC boosted its position in iShares U.S. Technology ETF by 41.1% during the 3rd quarter. Sagespring Wealth Partners LLC now owns 737,156 shares of the exchange traded fund’s stock valued at $144,379,000 after acquiring an additional 214,654 shares in the last quarter. Finally, Pinkerton Wealth LLC purchased a new position in shares of iShares U.S. Technology ETF in the 2nd quarter valued at $34,296,000. Hedge funds and other institutional investors own 57.65% of the company’s stock.

iShares U.S. Technology ETF Trading Down 0.0%

IYW opened at $190.48 on Wednesday. The firm has a market cap of $19.93 billion, a price-to-earnings ratio of 34.95 and a beta of 1.23. iShares U.S. Technology ETF has a 12 month low of $117.55 and a 12 month high of $211.98. The stock has a fifty day moving average price of $198.58 and a 200-day moving average price of $195.32.

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). 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.