PFG Investments LLC Sells 1,380 Shares of iShares U.S. Technology ETF (NYSEARCA:IYW)

PFG Investments LLC lessened its stake in iShares U.S. Technology ETF (NYSEARCA:IYW) by 8.8% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 14,352 shares of the exchange traded fund’s stock after selling 1,380 shares during the quarter. PFG Investments LLC’s holdings in iShares U.S. Technology ETF were worth $2,176,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Kingswood Wealth Advisors LLC purchased a new stake in shares of iShares U.S. Technology ETF in the first quarter worth about $274,000. Wealthcare Advisory Partners LLC increased its stake in iShares U.S. Technology ETF by 73.7% in the 1st quarter. Wealthcare Advisory Partners LLC now owns 5,056 shares of the exchange traded fund’s stock worth $683,000 after acquiring an additional 2,145 shares during the last quarter. Guidance Capital Inc. raised its holdings in shares of iShares U.S. Technology ETF by 76.7% during the 1st quarter. Guidance Capital Inc. now owns 3,898 shares of the exchange traded fund’s stock worth $511,000 after acquiring an additional 1,692 shares in the last quarter. Cornerstone Wealth Group LLC purchased a new stake in shares of iShares U.S. Technology ETF during the 1st quarter worth approximately $610,000. Finally, LVW Advisors LLC boosted its position in shares of iShares U.S. Technology ETF by 0.6% during the 1st quarter. LVW Advisors LLC now owns 13,870 shares of the exchange traded fund’s stock valued at $1,873,000 after acquiring an additional 84 shares during the last quarter.

iShares U.S. Technology ETF Stock Performance

Shares of IYW opened at $155.39 on Friday. The stock has a market capitalization of $19.09 billion, a PE ratio of 38.84 and a beta of 1.43. The company’s fifty day moving average is $149.41 and its 200 day moving average is $144.71. iShares U.S. Technology ETF has a fifty-two week low of $100.84 and a fifty-two week high of $158.97.

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).