iShares U.S. Technology ETF (NYSEARCA:IYW) Shares Sold by Cape Investment Advisory Inc.

Cape Investment Advisory Inc. trimmed its stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 60.9% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 512 shares of the exchange traded fund’s stock after selling 796 shares during the period. Cape Investment Advisory Inc.’s holdings in iShares U.S. Technology ETF were worth $69,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. VitalStone Financial LLC acquired a new position in shares of iShares U.S. Technology ETF during the 1st quarter worth approximately $36,000. Tidemark LLC acquired a new position in shares of iShares U.S. Technology ETF during the 4th quarter worth approximately $50,000. GAMMA Investing LLC acquired a new position in shares of iShares U.S. Technology ETF during the 4th quarter worth approximately $52,000. Park Place Capital Corp raised its position in shares of iShares U.S. Technology ETF by 51.4% during the 4th quarter. Park Place Capital Corp now owns 477 shares of the exchange traded fund’s stock worth $59,000 after purchasing an additional 162 shares during the last quarter. Finally, SYM FINANCIAL Corp acquired a new position in shares of iShares U.S. Technology ETF during the 1st quarter worth approximately $61,000.

iShares U.S. Technology ETF Stock Down 2.5 %

Shares of iShares U.S. Technology ETF stock traded down $3.59 during trading on Friday, hitting $138.18. 2,363,857 shares of the company were exchanged, compared to its average volume of 884,418. iShares U.S. Technology ETF has a fifty-two week low of $100.84 and a fifty-two week high of $158.97. The stock has a market capitalization of $16.98 billion, a price-to-earnings ratio of 38.84 and a beta of 1.43. The firm has a 50 day moving average price of $148.54 and a 200 day moving average price of $138.19.

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).