JB Capital LLC Sells 222,513 Shares of iShares U.S. Technology ETF $IYW

JB Capital LLC trimmed its holdings in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 97.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 6,885 shares of the exchange traded fund’s stock after selling 222,513 shares during the quarter. JB Capital LLC’s holdings in iShares U.S. Technology ETF were worth $1,349,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Laurel Wealth Advisors LLC boosted its position in shares of iShares U.S. Technology ETF by 18,553.4% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 3,690,017 shares of the exchange traded fund’s stock valued at $639,369,000 after acquiring an additional 3,670,235 shares during the last quarter. Raymond James Financial Inc. increased its stake in iShares U.S. Technology ETF by 6.5% in the second quarter. Raymond James Financial Inc. now owns 1,598,623 shares of the exchange traded fund’s stock worth $276,993,000 after purchasing an additional 97,389 shares during the period. Hsbc Holdings PLC lifted its position in shares of iShares U.S. Technology ETF by 52.6% during the second quarter. Hsbc Holdings PLC now owns 1,164,822 shares of the exchange traded fund’s stock worth $201,829,000 after purchasing an additional 401,472 shares during the last quarter. Ameriprise Financial Inc. lifted its holdings in iShares U.S. Technology ETF by 2.4% during the 2nd quarter. Ameriprise Financial Inc. now owns 1,156,536 shares of the exchange traded fund’s stock valued at $200,481,000 after buying an additional 27,056 shares in the last quarter. Finally, RiverFront Investment Group LLC grew its position in shares of iShares U.S. Technology ETF by 2.8% during the 2nd quarter. RiverFront Investment Group LLC now owns 861,595 shares of the exchange traded fund’s stock worth $149,289,000 after buying an additional 23,387 shares in the last quarter. Hedge funds and other institutional investors own 57.65% of the company’s stock.

iShares U.S. Technology ETF Stock Down 0.2%

iShares U.S. Technology ETF stock opened at $201.51 on Wednesday. The firm has a market cap of $21.72 billion, a P/E ratio of 34.95 and a beta of 1.23. The business has a fifty day moving average of $200.69 and a two-hundred day moving average of $189.53. iShares U.S. Technology ETF has a twelve month low of $117.55 and a twelve month high of $211.98.

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.