10,497 iShares U.S. Technology ETF $IYW Shares Sold by Howard Capital Management Group LLC

Howard Capital Management Group LLC trimmed its holdings in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 5.9% in the 3rd quarter, Holdings Channel.com reports. The firm owned 166,038 shares of the exchange traded fund’s stock after selling 10,497 shares during the period. iShares U.S. Technology ETF makes up approximately 2.7% of Howard Capital Management Group LLC’s portfolio, making the stock its 11th largest holding. Howard Capital Management Group LLC’s holdings in iShares U.S. Technology ETF were worth $43,984,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the stock. GKV Capital Management Co. Inc. grew its stake in shares of iShares U.S. Technology ETF by 3.2% in the 1st quarter. GKV Capital Management Co. Inc. now owns 1,462 shares of the exchange traded fund’s stock worth $265,000 after buying an additional 46 shares during the last quarter. Tactive Advisors LLC increased its position in iShares U.S. Technology ETF by 1.2% during the 2nd quarter. Tactive Advisors LLC now owns 5,133 shares of the exchange traded fund’s stock valued at $1,295,000 after buying an additional 60 shares in the last quarter. Catalina Capital Group LLC raised its stake in iShares U.S. Technology ETF by 0.7% during the first quarter. Catalina Capital Group LLC now owns 8,824 shares of the exchange traded fund’s stock valued at $1,601,000 after buying an additional 63 shares during the last quarter. Cyndeo Wealth Partners LLC raised its stake in iShares U.S. Technology ETF by 1.0% during the third quarter. Cyndeo Wealth Partners LLC now owns 6,628 shares of the exchange traded fund’s stock valued at $1,756,000 after buying an additional 63 shares during the last quarter. Finally, Mayflower Financial Advisors LLC raised its stake in iShares U.S. Technology ETF by 0.5% during the first quarter. Mayflower Financial Advisors LLC now owns 13,140 shares of the exchange traded fund’s stock valued at $2,384,000 after buying an additional 65 shares during the last quarter. 57.65% of the stock is owned by institutional investors.

iShares U.S. Technology ETF Trading Down 2.9%

iShares U.S. Technology ETF stock traded down $7.46 during mid-day trading on Friday, hitting $251.24. The company had a trading volume of 984,968 shares, compared to its average volume of 1,075,354. The stock’s 50 day moving average price is $256.92 and its two-hundred day moving average price is $241.26. iShares U.S. Technology ETF has a 12 month low of $172.54 and a 12 month high of $274.44. The company has a market capitalization of $24.41 billion, a PE ratio of 34.95 and a beta of 1.35.

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.