MGO One Seven LLC Sells 2,483 Shares of iShares U.S. Technology ETF $IYW

MGO One Seven LLC lessened its position in iShares U.S. Technology ETF (NYSEARCA:IYW) by 10.2% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 21,801 shares of the exchange traded fund’s stock after selling 2,483 shares during the quarter. MGO One Seven LLC’s holdings in iShares U.S. Technology ETF were worth $4,353,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. AQR Capital Management LLC boosted its holdings in shares of iShares U.S. Technology ETF by 58.1% during the 1st quarter. AQR Capital Management LLC now owns 10,066 shares of the exchange traded fund’s stock valued at $1,414,000 after buying an additional 3,699 shares in the last quarter. Russell Investments Group Ltd. increased its stake in shares of iShares U.S. Technology ETF by 9.8% in the 2nd quarter. Russell Investments Group Ltd. now owns 1,094 shares of the exchange traded fund’s stock worth $190,000 after acquiring an additional 98 shares in the last quarter. First Trust Advisors LP purchased a new position in iShares U.S. Technology ETF during the 2nd quarter valued at about $222,000. Main Street Financial Solutions LLC lifted its position in iShares U.S. Technology ETF by 95.7% during the 2nd quarter. Main Street Financial Solutions LLC now owns 2,851 shares of the exchange traded fund’s stock valued at $494,000 after acquiring an additional 1,394 shares during the period. Finally, Ieq Capital LLC boosted its stake in iShares U.S. Technology ETF by 0.8% during the second quarter. Ieq Capital LLC now owns 20,844 shares of the exchange traded fund’s stock worth $3,612,000 after acquiring an additional 166 shares in the last quarter. 57.65% of the stock is currently owned by institutional investors.

iShares U.S. Technology ETF Stock Performance

Shares of IYW opened at $238.64 on Friday. The stock has a market cap of $23.47 billion, a PE ratio of 34.95 and a beta of 1.33. iShares U.S. Technology ETF has a fifty-two week low of $147.48 and a fifty-two week high of $238.68. The firm’s 50-day simple moving average is $196.92 and its two-hundred day simple moving average is $198.33.

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.