True Vision MN LLC Trims Position in iShares U.S. Technology ETF (NYSEARCA:IYW)

True Vision MN LLC lowered its position in iShares U.S. Technology ETF (NYSEARCA:IYW) by 2.6% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 20,693 shares of the exchange traded fund’s stock after selling 556 shares during the period. iShares U.S. Technology ETF comprises 2.0% of True Vision MN LLC’s holdings, making the stock its 10th largest position. True Vision MN LLC’s holdings in iShares U.S. Technology ETF were worth $3,114,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in IYW. Rosenberg Matthew Hamilton increased its holdings in shares of iShares U.S. Technology ETF by 133.8% in the second quarter. Rosenberg Matthew Hamilton now owns 166 shares of the exchange traded fund’s stock worth $25,000 after acquiring an additional 95 shares in the last quarter. Central Bank & Trust Co. grew its position in shares of iShares U.S. Technology ETF by 343.6% in the 2nd quarter. Central Bank & Trust Co. now owns 173 shares of the exchange traded fund’s stock valued at $26,000 after purchasing an additional 134 shares during the period. VitalStone Financial LLC acquired a new position in shares of iShares U.S. Technology ETF in the 1st quarter valued at approximately $36,000. Chris Bulman Inc bought a new stake in iShares U.S. Technology ETF during the 2nd quarter worth approximately $41,000. Finally, Tidemark LLC acquired a new stake in iShares U.S. Technology ETF during the 4th quarter worth approximately $50,000.

iShares U.S. Technology ETF Stock Performance

Shares of IYW opened at $146.11 on Wednesday. The firm’s 50 day moving average price is $145.81 and its two-hundred day moving average price is $141.17. iShares U.S. Technology ETF has a twelve month low of $100.84 and a twelve month high of $158.97. The firm has a market cap of $17.95 billion, a P/E ratio of 38.84 and a beta of 1.43.

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).