One Wealth Capital Management LLC Sells 12,465 Shares of iShares U.S. Technology ETF $IYW

One Wealth Capital Management LLC reduced its position in iShares U.S. Technology ETF (NYSEARCA:IYW) by 74.2% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 4,343 shares of the exchange traded fund’s stock after selling 12,465 shares during the quarter. One Wealth Capital Management LLC’s holdings in iShares U.S. Technology ETF were worth $851,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of IYW. Bell Investment Advisors Inc purchased a new stake in iShares U.S. Technology ETF in the second quarter worth approximately $25,000. Bangor Savings Bank purchased a new stake in shares of iShares U.S. Technology ETF in the 3rd quarter valued at $31,000. Hantz Financial Services Inc. bought a new position in shares of iShares U.S. Technology ETF during the 3rd quarter valued at $31,000. Abound Wealth Management bought a new position in shares of iShares U.S. Technology ETF during the 3rd quarter valued at $34,000. Finally, Collier Financial purchased a new position in iShares U.S. Technology ETF in the 3rd quarter worth $37,000. 57.65% of the stock is owned by hedge funds and other institutional investors.

iShares U.S. Technology ETF Stock Up 0.1%

iShares U.S. Technology ETF stock opened at $191.71 on Friday. The firm has a fifty day simple moving average of $196.64 and a two-hundred day simple moving average of $195.87. iShares U.S. Technology ETF has a twelve month low of $117.55 and a twelve month high of $211.98. The company has a market capitalization of $20.06 billion, a PE ratio of 34.95 and a beta of 1.23.

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). 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.