Western Wealth Management LLC Sells 9,006 Shares of iShares U.S. Technology ETF $IYW

Western Wealth Management LLC trimmed its position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 38.2% during the 3rd quarter, Holdings Channel reports. The firm owned 14,547 shares of the exchange traded fund’s stock after selling 9,006 shares during the period. Western Wealth Management LLC’s holdings in iShares U.S. Technology ETF were worth $2,849,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. Bell Investment Advisors Inc bought a new stake in iShares U.S. Technology ETF during the second quarter valued at about $25,000. Harbor Asset Planning Inc. purchased a new stake in shares of iShares U.S. Technology ETF during the second quarter worth about $27,000. Bogart Wealth LLC grew its position in shares of iShares U.S. Technology ETF by 189.3% during the second quarter. Bogart Wealth LLC now owns 162 shares of the exchange traded fund’s stock worth $28,000 after purchasing an additional 106 shares in the last quarter. Bangor Savings Bank bought a new stake in iShares U.S. Technology ETF during the 3rd quarter valued at approximately $31,000. Finally, Hantz Financial Services Inc. purchased a new position in iShares U.S. Technology ETF in the 3rd quarter worth approximately $31,000. Hedge funds and other institutional investors own 57.65% of the company’s stock.

iShares U.S. Technology ETF Price Performance

IYW stock opened at $196.32 on Tuesday. iShares U.S. Technology ETF has a 1-year low of $117.55 and a 1-year high of $211.98. The business has a 50 day simple moving average of $199.81 and a two-hundred day simple moving average of $194.82. The company has a market capitalization of $20.54 billion, a price-to-earnings ratio of 34.95 and a beta of 1.23.

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.