May Hill Capital LLC Sells 2,870 Shares of iShares U.S. Technology ETF $IYW

May Hill Capital LLC reduced its position in iShares U.S. Technology ETF (NYSEARCA:IYW) by 23.2% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 9,507 shares of the exchange traded fund’s stock after selling 2,870 shares during the quarter. May Hill Capital LLC’s holdings in iShares U.S. Technology ETF were worth $1,862,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the company. Laurel Wealth Advisors LLC lifted its position in shares of iShares U.S. Technology ETF by 18,553.4% during the second quarter. Laurel Wealth Advisors LLC now owns 3,690,017 shares of the exchange traded fund’s stock worth $639,369,000 after purchasing an additional 3,670,235 shares during the last quarter. Hsbc Holdings PLC increased its stake in iShares U.S. Technology ETF by 52.6% in the 2nd quarter. Hsbc Holdings PLC now owns 1,164,822 shares of the exchange traded fund’s stock worth $201,829,000 after buying an additional 401,472 shares during the period. Parker Investment Management LLC lifted its holdings in iShares U.S. Technology ETF by 126.4% during the 2nd quarter. Parker Investment Management LLC now owns 700,717 shares of the exchange traded fund’s stock valued at $121,413,000 after buying an additional 391,273 shares in the last quarter. Sagespring Wealth Partners LLC lifted its holdings in iShares U.S. Technology ETF by 41.1% during the 3rd quarter. Sagespring Wealth Partners LLC now owns 737,156 shares of the exchange traded fund’s stock valued at $144,379,000 after buying an additional 214,654 shares in the last quarter. Finally, Pinkerton Wealth LLC purchased a new stake in iShares U.S. Technology ETF in the 2nd quarter valued at about $34,296,000. Institutional investors own 57.65% of the company’s stock.

iShares U.S. Technology ETF Stock Performance

Shares of NYSEARCA:IYW opened at $190.48 on Wednesday. The firm’s 50 day simple moving average is $198.58 and its 200-day simple moving average is $195.32. iShares U.S. Technology ETF has a one year low of $117.55 and a one year high of $211.98. The firm has a market cap of $19.93 billion, a PE 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.