Buttonwood Financial Group LLC Sells 94,528 Shares of iShares U.S. Technology ETF $IYW

Buttonwood Financial Group LLC cut its holdings in iShares U.S. Technology ETF (NYSEARCA:IYW) by 97.7% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 2,271 shares of the exchange traded fund’s stock after selling 94,528 shares during the period. iShares U.S. Technology ETF accounts for 0.2% of Buttonwood Financial Group LLC’s investment portfolio, making the stock its 27th biggest position. Buttonwood Financial Group LLC’s holdings in iShares U.S. Technology ETF were worth $449,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Bell Investment Advisors Inc purchased a new position in shares of iShares U.S. Technology ETF in the second quarter valued at $25,000. Harbor Asset Planning Inc. purchased a new stake in iShares U.S. Technology ETF during the 2nd quarter worth about $27,000. Bogart Wealth LLC boosted its stake in 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 worth $28,000 after purchasing an additional 106 shares during the period. Bangor Savings Bank purchased a new position in iShares U.S. Technology ETF during the 3rd quarter valued at about $31,000. Finally, Hantz Financial Services Inc. purchased a new position in iShares U.S. Technology ETF during the 3rd quarter valued at about $31,000. 57.65% of the stock is currently owned by hedge funds and other institutional investors.

iShares U.S. Technology ETF Stock Up 3.6%

Shares of IYW opened at $193.49 on Friday. 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 market cap of $20.25 billion, a PE ratio of 34.95 and a beta of 1.23. The business’s 50-day moving average price is $199.87 and its 200-day moving average price is $194.59.

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.