Granite Bay Wealth Management LLC Decreases Stake in iShares U.S. Technology ETF (NYSEARCA:IYW)

Granite Bay Wealth Management LLC lessened its position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 8.0% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,300 shares of the exchange traded fund’s stock after selling 200 shares during the quarter. Granite Bay Wealth Management LLC’s holdings in iShares U.S. Technology ETF were worth $346,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Rosenberg Matthew Hamilton grew its holdings in shares of iShares U.S. Technology ETF by 133.8% in the second quarter. Rosenberg Matthew Hamilton now owns 166 shares of the exchange traded fund’s stock valued at $25,000 after purchasing an additional 95 shares in the last quarter. Central Bank & Trust Co. raised its position in shares of iShares U.S. Technology ETF by 343.6% during the 2nd quarter. Central Bank & Trust Co. now owns 173 shares of the exchange traded fund’s stock valued at $26,000 after buying an additional 134 shares in the last quarter. VitalStone Financial LLC purchased a new position in shares of iShares U.S. Technology ETF in the 1st quarter worth approximately $36,000. Chris Bulman Inc bought a new position in shares of iShares U.S. Technology ETF during the 2nd quarter valued at approximately $41,000. Finally, Cultivar Capital Inc. purchased a new stake in iShares U.S. Technology ETF during the 2nd quarter valued at $53,000.

iShares U.S. Technology ETF Stock Down 2.3 %

Shares of IYW opened at $148.14 on Wednesday. iShares U.S. Technology ETF has a 52-week low of $100.84 and a 52-week high of $158.97. The company has a market cap of $18.20 billion, a PE ratio of 38.84 and a beta of 1.43. The business has a fifty day moving average of $144.91 and a 200 day moving average of $142.37.

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).