Mullooly Asset Management Inc. Has $2.90 Million Holdings in iShares U.S. Technology ETF $IYW

Mullooly Asset Management Inc. reduced its stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 3.6% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 16,746 shares of the exchange traded fund’s stock after selling 626 shares during the period. iShares U.S. Technology ETF accounts for approximately 1.2% of Mullooly Asset Management Inc.’s investment portfolio, making the stock its 13th biggest position. Mullooly Asset Management Inc.’s holdings in iShares U.S. Technology ETF were worth $2,902,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. InTrack Investment Management Inc acquired a new position in shares of iShares U.S. Technology ETF in the second quarter worth approximately $318,000. Eagle Strategies LLC boosted its position in iShares U.S. Technology ETF by 5.7% during the second quarter. Eagle Strategies LLC now owns 14,938 shares of the exchange traded fund’s stock valued at $2,588,000 after acquiring an additional 807 shares during the last quarter. Clear Creek Financial Management LLC grew its holdings in iShares U.S. Technology ETF by 4.0% during the 2nd quarter. Clear Creek Financial Management LLC now owns 8,960 shares of the exchange traded fund’s stock worth $1,553,000 after acquiring an additional 347 shares during the period. Valmark Advisers Inc. raised its position in shares of iShares U.S. Technology ETF by 3.1% in the 2nd quarter. Valmark Advisers Inc. now owns 22,773 shares of the exchange traded fund’s stock worth $3,946,000 after acquiring an additional 675 shares in the last quarter. Finally, Financial Life Advisors boosted its position in shares of iShares U.S. Technology ETF by 4.1% during the 2nd quarter. Financial Life Advisors now owns 55,444 shares of the exchange traded fund’s stock valued at $9,607,000 after purchasing an additional 2,197 shares in the last quarter. Institutional investors and hedge funds own 57.65% of the company’s stock.

iShares U.S. Technology ETF Stock Performance

Shares of IYW stock opened at $200.85 on Thursday. The company has a market cap of $21.55 billion, a P/E ratio of 34.95 and a beta of 1.15. iShares U.S. Technology ETF has a fifty-two week low of $117.55 and a fifty-two week high of $200.86. The stock has a 50 day simple moving average of $187.20 and a two-hundred day simple moving average of $167.17.

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).