MGO One Seven LLC Sells 2,483 Shares of iShares U.S. Technology ETF $IYW

MGO One Seven LLC lessened its stake in iShares U.S. Technology ETF (NYSEARCA:IYW) by 10.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 21,801 shares of the exchange traded fund’s stock after selling 2,483 shares during the quarter. MGO One Seven LLC’s holdings in iShares U.S. Technology ETF were worth $4,353,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of IYW. Principal Financial Group Inc. grew its holdings in shares of iShares U.S. Technology ETF by 99.1% during the third quarter. Principal Financial Group Inc. now owns 107,427 shares of the exchange traded fund’s stock valued at $21,041,000 after buying an additional 53,466 shares during the last quarter. Compound Planning Inc. increased its position in shares of iShares U.S. Technology ETF by 10.7% during the third quarter. Compound Planning Inc. now owns 135,021 shares of the exchange traded fund’s stock valued at $26,445,000 after acquiring an additional 13,045 shares in the last quarter. Clear Creek Financial Management LLC raised its holdings in iShares U.S. Technology ETF by 32.2% in the 3rd quarter. Clear Creek Financial Management LLC now owns 11,842 shares of the exchange traded fund’s stock worth $2,319,000 after acquiring an additional 2,882 shares during the last quarter. Ashton Thomas Securities LLC purchased a new position in iShares U.S. Technology ETF in the 3rd quarter worth approximately $1,093,000. Finally, HB Wealth Management LLC lifted its position in iShares U.S. Technology ETF by 48.2% in the 3rd quarter. HB Wealth Management LLC now owns 16,713 shares of the exchange traded fund’s stock valued at $3,274,000 after acquiring an additional 5,439 shares in the last quarter. Institutional investors own 57.65% of the company’s stock.

iShares U.S. Technology ETF Trading Up 2.7%

Shares of IYW opened at $238.64 on Friday. The business’s fifty day simple moving average is $196.92 and its two-hundred day simple moving average is $198.33. iShares U.S. Technology ETF has a 12 month low of $147.48 and a 12 month high of $238.68. The company has a market cap of $23.47 billion, a price-to-earnings ratio of 34.95 and a beta of 1.33.

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). 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.