Crown Wealth Group LLC Has $6.48 Million Stock Holdings in iShares U.S. Technology ETF $IYW

Crown Wealth Group LLC trimmed its holdings in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 18.6% in the first quarter, Holdings Channel.com reports. The fund owned 35,716 shares of the exchange traded fund’s stock after selling 8,164 shares during the quarter. iShares U.S. Technology ETF accounts for approximately 1.9% of Crown Wealth Group LLC’s portfolio, making the stock its 14th largest position. Crown Wealth Group LLC’s holdings in iShares U.S. Technology ETF were worth $6,480,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in IYW. Sequent Planning LLC acquired a new position in iShares U.S. Technology ETF in the first quarter worth about $304,000. Morton Brown Family Wealth LLC acquired a new stake in iShares U.S. Technology ETF during the first quarter valued at approximately $82,000. Dagco Inc. boosted its holdings in iShares U.S. Technology ETF by 3.9% during the first quarter. Dagco Inc. now owns 6,112 shares of the exchange traded fund’s stock valued at $1,109,000 after purchasing an additional 229 shares in the last quarter. Chatterton & Associates Inc. grew its stake in shares of iShares U.S. Technology ETF by 36.2% in the 1st quarter. Chatterton & Associates Inc. now owns 1,501 shares of the exchange traded fund’s stock valued at $291,000 after purchasing an additional 399 shares during the period. Finally, Cardinal Point Capital Management ULC acquired a new position in shares of iShares U.S. Technology ETF in the 1st quarter worth approximately $880,000. 57.65% of the stock is currently owned by institutional investors and hedge funds.

iShares U.S. Technology ETF Trading Down 1.8%

Shares of IYW opened at $239.66 on Friday. The stock has a market cap of $23.57 billion, a PE ratio of 34.95 and a beta of 1.36. iShares U.S. Technology ETF has a 1 year low of $170.25 and a 1 year high of $261.01. The stock has a 50 day simple moving average of $237.32 and a 200-day simple moving average of $209.59.

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). 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.