JB Capital LLC Sells 27,003 Shares of iShares U.S. Technology ETF (NYSEARCA:IYW)

JB Capital LLC reduced its holdings in iShares U.S. Technology ETF (NYSEARCA:IYW) by 9.1% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 270,031 shares of the exchange traded fund’s stock after selling 27,003 shares during the quarter. iShares U.S. Technology ETF makes up 2.4% of JB Capital LLC’s portfolio, making the stock its 10th biggest position. JB Capital LLC owned approximately 0.22% of iShares U.S. Technology ETF worth $40,942,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Magnus Financial Group LLC boosted its stake in iShares U.S. Technology ETF by 0.6% in the third quarter. Magnus Financial Group LLC now owns 11,845 shares of the exchange traded fund’s stock valued at $1,796,000 after acquiring an additional 67 shares during the period. Marino Stram & Associates LLC lifted its holdings in shares of iShares U.S. Technology ETF by 3.7% in the 3rd quarter. Marino Stram & Associates LLC now owns 1,902 shares of the exchange traded fund’s stock worth $288,000 after purchasing an additional 67 shares during the last quarter. Investment Advisory Group LLC lifted its holdings in shares of iShares U.S. Technology ETF by 1.0% in the 3rd quarter. Investment Advisory Group LLC now owns 7,583 shares of the exchange traded fund’s stock worth $1,150,000 after purchasing an additional 73 shares during the last quarter. Fort Washington Investment Advisors Inc. OH boosted its position in iShares U.S. Technology ETF by 0.6% during the 2nd quarter. Fort Washington Investment Advisors Inc. OH now owns 13,484 shares of the exchange traded fund’s stock valued at $2,029,000 after purchasing an additional 74 shares during the period. Finally, Saxony Capital Management LLC grew its stake in iShares U.S. Technology ETF by 5.4% during the 3rd quarter. Saxony Capital Management LLC now owns 1,473 shares of the exchange traded fund’s stock worth $223,000 after buying an additional 76 shares during the last quarter.

iShares U.S. Technology ETF Stock Up 1.4 %

NYSEARCA IYW traded up $2.17 during trading hours on Thursday, hitting $160.12. The company had a trading volume of 74,527 shares, compared to its average volume of 851,991. The firm has a market cap of $19.67 billion, a P/E ratio of 38.84 and a beta of 1.43. iShares U.S. Technology ETF has a fifty-two week low of $110.37 and a fifty-two week high of $160.21. The business has a fifty day simple moving average of $150.31 and a 200-day simple moving average of $146.01.

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).