Swmg LLC Lowers Holdings in iShares U.S. Technology ETF $IYW

by · The Cerbat Gem

Swmg LLC lowered its position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW – Free Report) by 35.1% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 20,379 shares of the exchange traded fund’s stock after selling 11,027 shares during the period. iShares U.S. Technology ETF comprises approximately 1.2% of Swmg LLC’s holdings, making the stock its 19th largest holding. Swmg LLC’s holdings in iShares U.S. Technology ETF were worth $4,075,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in the business. Bell Investment Advisors Inc purchased a new position in iShares U.S. Technology ETF during the 2nd quarter valued at about $25,000. Harbor Asset Planning Inc. bought a new position in shares of iShares U.S. Technology ETF during the second quarter valued at approximately $27,000. Bogart Wealth LLC boosted its stake in shares of iShares U.S. Technology ETF by 189.3% during the second quarter. Bogart Wealth LLC now owns 162 shares of the exchange traded fund’s stock valued at $28,000 after purchasing an additional 106 shares in the last quarter. Abound Wealth Management purchased a new position in iShares U.S. Technology ETF during the third quarter valued at approximately $34,000. Finally, Tsfg LLC raised its stake in iShares U.S. Technology ETF by 35.4% in the second quarter. Tsfg LLC now owns 222 shares of the exchange traded fund’s stock worth $38,000 after buying an additional 58 shares in the last quarter. 57.65% of the stock is owned by hedge funds and other institutional investors.

iShares U.S. Technology ETF Stock Up 1.0%

iShares U.S. Technology ETF stock opened at $201.75 on Friday. The firm has a market cap of $21.23 billion, a P/E ratio of 34.95 and a beta of 1.23. The business has a fifty day moving average of $199.93 and a two-hundred day moving average of $191.33. iShares U.S. Technology ETF has a twelve month low of $117.55 and a twelve month high of $211.98.

iShares U.S. Technology ETF Profile

(Free Report)

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.

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