McNaughton Wealth Management LLC Reduces Stock Holdings in iShares U.S. Technology ETF $IYW

McNaughton Wealth Management LLC lessened its stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 80.8% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 4,413 shares of the exchange traded fund’s stock after selling 18,536 shares during the quarter. McNaughton Wealth Management LLC’s holdings in iShares U.S. Technology ETF were worth $864,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the stock. Bell Investment Advisors Inc purchased a new stake in iShares U.S. Technology ETF in the second quarter valued at $25,000. Harbor Asset Planning Inc. purchased a new stake in shares of iShares U.S. Technology ETF in the 2nd quarter valued at about $27,000. Bogart Wealth LLC boosted its position in shares of iShares U.S. Technology ETF by 189.3% in the 2nd quarter. Bogart Wealth LLC now owns 162 shares of the exchange traded fund’s stock valued at $28,000 after purchasing an additional 106 shares during the period. Tsfg LLC grew its stake in iShares U.S. Technology ETF by 35.4% during the 2nd quarter. Tsfg LLC now owns 222 shares of the exchange traded fund’s stock worth $38,000 after buying an additional 58 shares during the last quarter. Finally, Private Wealth Asset Management LLC acquired a new position in iShares U.S. Technology ETF during the second quarter worth approximately $39,000. 57.65% of the stock is owned by hedge funds and other institutional investors.

iShares U.S. Technology ETF Trading Down 2.1%

Shares of NYSEARCA IYW opened at $193.00 on Thursday. The stock has a market cap of $20.81 billion, a P/E ratio of 34.95 and a beta of 1.23. iShares U.S. Technology ETF has a twelve month low of $117.55 and a twelve month high of $211.98. The stock has a 50 day moving average of $199.98 and a two-hundred day moving average of $186.95.

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).