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

Ibex Wealth Advisors reduced its position in iShares U.S. Technology ETF (NYSEARCA:IYW) by 47.7% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 6,682 shares of the exchange traded fund’s stock after selling 6,083 shares during the period. Ibex Wealth Advisors’ holdings in iShares U.S. Technology ETF were worth $1,158,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Harbor Asset Planning Inc. acquired a new stake in iShares U.S. Technology ETF in the second quarter valued at $27,000. Bogart Wealth LLC raised its stake in shares of iShares U.S. Technology ETF by 189.3% during the 2nd quarter. Bogart Wealth LLC now owns 162 shares of the exchange traded fund’s stock worth $28,000 after buying an additional 106 shares during the last quarter. Accredited Wealth Management LLC purchased a new stake in shares of iShares U.S. Technology ETF in the 1st quarter worth about $33,000. Tsfg LLC grew its stake in iShares U.S. Technology ETF by 35.4% in the 2nd quarter. Tsfg LLC now owns 222 shares of the exchange traded fund’s stock valued at $38,000 after acquiring an additional 58 shares during the last quarter. Finally, Private Wealth Asset Management LLC purchased a new position in iShares U.S. Technology ETF during the 2nd quarter valued at about $39,000. 57.65% of the stock is owned by institutional investors and hedge funds.

iShares U.S. Technology ETF Trading Down 0.3%

Shares of IYW opened at $199.54 on Monday. iShares U.S. Technology ETF has a 12-month low of $117.55 and a 12-month high of $211.98. The stock has a market cap of $21.51 billion, a P/E ratio of 34.95 and a beta of 1.23. The company has a 50-day moving average of $195.80 and a two-hundred day moving average of $178.04.

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).