iShares U.S. Technology ETF $IYW Shares Sold by Centerline Wealth Advisors LLC

Centerline Wealth Advisors LLC lessened its position in iShares U.S. Technology ETF (NYSEARCA:IYW) by 17.8% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 25,688 shares of the exchange traded fund’s stock after selling 5,547 shares during the quarter. iShares U.S. Technology ETF makes up 2.0% of Centerline Wealth Advisors LLC’s investment portfolio, making the stock its 18th largest holding. Centerline Wealth Advisors LLC’s holdings in iShares U.S. Technology ETF were worth $6,479,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the company. GKV Capital Management Co. Inc. grew its position in iShares U.S. Technology ETF by 3.2% in the 1st quarter. GKV Capital Management Co. Inc. now owns 1,462 shares of the exchange traded fund’s stock valued at $265,000 after acquiring an additional 46 shares in the last quarter. Lavaca Capital LLC lifted its position in shares of iShares U.S. Technology ETF by 1.0% during the fourth quarter. Lavaca Capital LLC now owns 6,059 shares of the exchange traded fund’s stock worth $1,210,000 after purchasing an additional 59 shares in the last quarter. Tactive Advisors LLC boosted its stake in shares of iShares U.S. Technology ETF by 1.2% in the second quarter. Tactive Advisors LLC now owns 5,133 shares of the exchange traded fund’s stock valued at $1,295,000 after purchasing an additional 60 shares during the period. Americana Partners LLC boosted its stake in shares of iShares U.S. Technology ETF by 3.0% in the fourth quarter. Americana Partners LLC now owns 2,111 shares of the exchange traded fund’s stock valued at $422,000 after purchasing an additional 62 shares during the period. Finally, Catalina Capital Group LLC grew its holdings in shares of iShares U.S. Technology ETF by 0.7% in the first quarter. Catalina Capital Group LLC now owns 8,824 shares of the exchange traded fund’s stock valued at $1,601,000 after purchasing an additional 63 shares in the last quarter. Institutional investors and hedge funds own 57.65% of the company’s stock.

iShares U.S. Technology ETF Stock Down 0.1%

Shares of IYW opened at $253.08 on Wednesday. iShares U.S. Technology ETF has a fifty-two week low of $172.54 and a fifty-two week high of $261.01. The firm’s 50 day moving average price is $246.71 and its 200 day moving average price is $227.30. The company has a market cap of $25.07 billion, a P/E ratio of 34.95 and a beta of 1.36.

About iShares U.S. Technology ETF

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.