iShares U.S. Technology ETF $IYW Stock: Perryman Financial Advisory Inc. AD Trims Stake

Perryman Financial Advisory Inc. AD cut its holdings in iShares U.S. Technology ETF (NYSEARCA:IYW) by 99.3% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,865 shares of the exchange traded fund’s stock after selling 256,065 shares during the period. Perryman Financial Advisory Inc. AD’s holdings in iShares U.S. Technology ETF were worth $494,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently modified their holdings of the stock. GKV Capital Management Co. Inc. increased its stake in iShares U.S. Technology ETF by 3.2% in the first 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 during the last quarter. Tactive Advisors LLC increased its position in iShares U.S. Technology ETF by 1.2% in the 2nd quarter. Tactive Advisors LLC now owns 5,133 shares of the exchange traded fund’s stock valued at $1,295,000 after acquiring an additional 60 shares during the period. Catalina Capital Group LLC grew its position in shares of iShares U.S. Technology ETF by 0.7% in the 1st quarter. Catalina Capital Group LLC now owns 8,824 shares of the exchange traded fund’s stock valued at $1,601,000 after buying an additional 63 shares during the last quarter. Mayflower Financial Advisors LLC lifted its position in shares of iShares U.S. Technology ETF by 0.5% in the 1st quarter. Mayflower Financial Advisors LLC now owns 13,140 shares of the exchange traded fund’s stock worth $2,384,000 after purchasing an additional 65 shares during the period. Finally, Intrua Financial LLC raised its position in shares of iShares U.S. Technology ETF by 2.0% in the 1st quarter. Intrua Financial LLC now owns 3,365 shares of the exchange traded fund’s stock worth $610,000 after acquiring an additional 65 shares in the last quarter. 57.65% of the stock is currently owned by institutional investors.

iShares U.S. Technology ETF Stock Down 2.9%

NYSEARCA:IYW traded down $7.46 during trading hours on Friday, reaching $251.24. The company had a trading volume of 984,968 shares, compared to its average volume of 1,075,354. The business’s 50-day simple moving average is $256.92 and its two-hundred day simple moving average is $241.26. iShares U.S. Technology ETF has a twelve month low of $172.54 and a twelve month high of $274.44. The firm has a market cap of $24.41 billion, a price-to-earnings ratio of 34.95 and a beta of 1.35.

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.