Brookstone Capital Management Sells 5,189 Shares of iShares U.S. Technology ETF $IYW

Brookstone Capital Management lessened its holdings in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 34.1% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 10,044 shares of the exchange traded fund’s stock after selling 5,189 shares during the period. Brookstone Capital Management’s holdings in iShares U.S. Technology ETF were worth $1,822,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. CWA Asset Management Group LLC boosted its stake in shares of iShares U.S. Technology ETF by 0.7% in the fourth quarter. CWA Asset Management Group LLC now owns 6,955 shares of the exchange traded fund’s stock valued at $1,389,000 after buying an additional 50 shares during the period. Lavaca Capital LLC grew its position in iShares U.S. Technology ETF by 1.0% during the fourth quarter. Lavaca Capital LLC now owns 6,059 shares of the exchange traded fund’s stock worth $1,210,000 after buying an additional 59 shares in the last quarter. Tiller Private Wealth Inc. increased its stake in iShares U.S. Technology ETF by 3.2% during the 4th quarter. Tiller Private Wealth Inc. now owns 1,953 shares of the exchange traded fund’s stock worth $390,000 after acquiring an additional 60 shares during the period. Center For Asset Management LLC increased its stake in iShares U.S. Technology ETF by 3.7% during the 4th quarter. Center For Asset Management LLC now owns 1,669 shares of the exchange traded fund’s stock worth $333,000 after acquiring an additional 60 shares during the period. Finally, Quadrant Private Wealth Management LLC increased its stake in iShares U.S. Technology ETF by 0.7% during the 4th quarter. Quadrant Private Wealth Management LLC now owns 8,531 shares of the exchange traded fund’s stock worth $1,703,000 after acquiring an additional 60 shares during the period. 57.65% of the stock is owned by institutional investors.

iShares U.S. Technology ETF Price Performance

Shares of NYSEARCA IYW opened at $243.99 on Friday. The business has a fifty day moving average price of $236.63 and a two-hundred day moving average price of $209.38. The stock has a market capitalization of $24.00 billion, a PE ratio of 34.95 and a beta of 1.36. iShares U.S. Technology ETF has a fifty-two week low of $170.17 and a fifty-two week high of $261.01.

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.