Transcend Capital Advisors LLC Sells 2,890 Shares of iShares U.S. Technology ETF $IYW

Transcend Capital Advisors LLC trimmed its stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 42.8% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,865 shares of the exchange traded fund’s stock after selling 2,890 shares during the quarter. Transcend Capital Advisors LLC’s holdings in iShares U.S. Technology ETF were worth $757,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Human Investing LLC lifted its stake in shares of iShares U.S. Technology ETF by 2.7% in the 3rd quarter. Human Investing LLC now owns 1,853 shares of the exchange traded fund’s stock valued at $363,000 after acquiring an additional 49 shares during the last quarter. Howard Capital Management Inc. increased its holdings in iShares U.S. Technology ETF by 1.0% in the 3rd quarter. Howard Capital Management Inc. now owns 5,403 shares of the exchange traded fund’s stock worth $1,058,000 after purchasing an additional 54 shares in the last quarter. Occidental Asset Management LLC increased its holdings in iShares U.S. Technology ETF by 1.2% in the 3rd quarter. Occidental Asset Management LLC now owns 4,860 shares of the exchange traded fund’s stock worth $952,000 after purchasing an additional 56 shares in the last quarter. Tsfg LLC raised 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 valued at $38,000 after purchasing an additional 58 shares during the last quarter. Finally, Greenleaf Trust boosted its stake in shares of iShares U.S. Technology ETF by 1.0% during the third quarter. Greenleaf Trust now owns 5,715 shares of the exchange traded fund’s stock valued at $1,119,000 after purchasing an additional 58 shares in the last quarter. Institutional investors and hedge funds own 57.65% of the company’s stock.

iShares U.S. Technology ETF Trading Up 0.6%

NYSEARCA:IYW opened at $199.62 on Tuesday. The stock’s 50-day moving average is $200.33 and its 200-day moving average is $194.34. iShares U.S. Technology ETF has a 1-year low of $117.55 and a 1-year high of $211.98. The stock has a market cap of $20.86 billion, a P/E 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). 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.