Stillwater Capital Advisors LLC Sells 3,717 Shares of iShares U.S. Technology ETF $IYW

Stillwater Capital Advisors LLC lessened its holdings in iShares U.S. Technology ETF (NYSEARCA:IYW) by 3.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 107,134 shares of the exchange traded fund’s stock after selling 3,717 shares during the period. iShares U.S. Technology ETF comprises 2.3% of Stillwater Capital Advisors LLC’s investment portfolio, making the stock its 15th biggest holding. Stillwater Capital Advisors LLC’s holdings in iShares U.S. Technology ETF were worth $21,393,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the business. Principal Financial Group Inc. raised its stake in shares of iShares U.S. Technology ETF by 99.1% in the third quarter. Principal Financial Group Inc. now owns 107,427 shares of the exchange traded fund’s stock worth $21,041,000 after purchasing an additional 53,466 shares during the last quarter. Compound Planning Inc. lifted its holdings in shares of iShares U.S. Technology ETF by 10.7% in the third quarter. Compound Planning Inc. now owns 135,021 shares of the exchange traded fund’s stock valued at $26,445,000 after purchasing an additional 13,045 shares in the last quarter. Clear Creek Financial Management LLC boosted its position in shares of iShares U.S. Technology ETF by 32.2% during the third quarter. Clear Creek Financial Management LLC now owns 11,842 shares of the exchange traded fund’s stock valued at $2,319,000 after buying an additional 2,882 shares during the last quarter. Ashton Thomas Securities LLC purchased a new position in shares of iShares U.S. Technology ETF during the third quarter valued at approximately $1,093,000. Finally, HB Wealth Management LLC grew its holdings in iShares U.S. Technology ETF by 48.2% during the third quarter. HB Wealth Management LLC now owns 16,713 shares of the exchange traded fund’s stock worth $3,274,000 after buying 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 Down 2.2%

NYSEARCA IYW opened at $176.09 on Friday. The firm has a market capitalization of $18.43 billion, a P/E ratio of 34.95 and a beta of 1.23. The business has a fifty day simple moving average of $192.26 and a 200 day simple moving average of $196.48. iShares U.S. Technology ETF has a 12 month low of $117.55 and a 12 month high of $211.98.

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). 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.