Counterweight Ventures LLC Has $1.97 Million Stake in iShares U.S. Technology ETF (NYSEARCA:IYW)

Counterweight Ventures LLC cut its position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 39.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 12,986 shares of the exchange traded fund’s stock after selling 8,441 shares during the quarter. Counterweight Ventures LLC’s holdings in iShares U.S. Technology ETF were worth $1,969,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the company. BOKF NA lifted its position in shares of iShares U.S. Technology ETF by 20.1% during the 1st quarter. BOKF NA now owns 903 shares of the exchange traded fund’s stock valued at $122,000 after acquiring an additional 151 shares during the period. Ascent Group LLC raised its holdings in shares of iShares U.S. Technology ETF by 22.7% during the second quarter. Ascent Group LLC now owns 43,612 shares of the exchange traded fund’s stock valued at $6,564,000 after purchasing an additional 8,077 shares during the period. Bay Colony Advisory Group Inc d b a Bay Colony Advisors bought a new position in shares of iShares U.S. Technology ETF during the 2nd quarter worth about $232,000. Cetera Investment Advisers boosted its position in shares of iShares U.S. Technology ETF by 0.9% during the 2nd quarter. Cetera Investment Advisers now owns 750,041 shares of the exchange traded fund’s stock worth $112,881,000 after purchasing an additional 7,039 shares in the last quarter. Finally, Valeo Financial Advisors LLC grew its stake in shares of iShares U.S. Technology ETF by 9.9% in the 3rd quarter. Valeo Financial Advisors LLC now owns 3,861 shares of the exchange traded fund’s stock valued at $585,000 after buying an additional 348 shares during the period.

iShares U.S. Technology ETF Stock Performance

IYW stock opened at $156.10 on Tuesday. The stock’s 50 day simple moving average is $152.95 and its 200 day simple moving average is $147.86. The company has a market cap of $19.18 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 $114.84 and a fifty-two week high of $161.49.

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).