Graypoint LLC Sells 264 Shares of iShares U.S. Technology ETF (NYSEARCA:IYW)

Graypoint LLC lessened its stake in iShares U.S. Technology ETF (NYSEARCA:IYW) by 0.8% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 31,747 shares of the exchange traded fund’s stock after selling 264 shares during the quarter. Graypoint LLC’s holdings in iShares U.S. Technology ETF were worth $4,778,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Rosenberg Matthew Hamilton grew its holdings in shares of iShares U.S. Technology ETF by 133.8% in the 2nd quarter. Rosenberg Matthew Hamilton now owns 166 shares of the exchange traded fund’s stock valued at $25,000 after acquiring an additional 95 shares in the last quarter. Central Bank & Trust Co. grew its stake in iShares U.S. Technology ETF by 343.6% in the second quarter. Central Bank & Trust Co. now owns 173 shares of the exchange traded fund’s stock valued at $26,000 after purchasing an additional 134 shares in the last quarter. VitalStone Financial LLC bought a new position in iShares U.S. Technology ETF in the first quarter valued at approximately $36,000. Cultivar Capital Inc. acquired a new position in shares of iShares U.S. Technology ETF during the 2nd quarter worth approximately $53,000. Finally, Sugarloaf Wealth Management LLC raised its stake in shares of iShares U.S. Technology ETF by 40.3% during the 2nd quarter. Sugarloaf Wealth Management LLC now owns 397 shares of the exchange traded fund’s stock worth $60,000 after purchasing an additional 114 shares in the last quarter.

iShares U.S. Technology ETF Price Performance

IYW stock traded up $1.65 during trading hours on Friday, reaching $147.76. The stock had a trading volume of 401,819 shares, compared to its average volume of 889,643. The stock has a 50-day simple moving average of $147.91 and a 200 day simple moving average of $140.18. iShares U.S. Technology ETF has a fifty-two week low of $100.84 and a fifty-two week high of $158.97. The stock has a market capitalization of $18.15 billion, a PE ratio of 38.84 and a beta of 1.43.

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).