iShares U.S. Technology ETF (NYSEARCA:IYW) is Stonebridge Financial Planning Group LLC’s 2nd Largest Position

Stonebridge Financial Planning Group LLC lessened its stake in iShares U.S. Technology ETF (NYSEARCA:IYW) by 2.4% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 72,628 shares of the exchange traded fund’s stock after selling 1,759 shares during the period. iShares U.S. Technology ETF accounts for approximately 5.2% of Stonebridge Financial Planning Group LLC’s investment portfolio, making the stock its 2nd largest holding. Stonebridge Financial Planning Group LLC’s holdings in iShares U.S. Technology ETF were worth $11,012,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Rosenberg Matthew Hamilton raised its stake in shares of iShares U.S. Technology ETF by 133.8% during the 2nd 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 holdings in iShares U.S. Technology ETF by 343.6% in the second quarter. Central Bank & Trust Co. now owns 173 shares of the exchange traded fund’s stock worth $26,000 after purchasing an additional 134 shares during the last quarter. Phillips Financial Management LLC increased its position in shares of iShares U.S. Technology ETF by 1,545.5% during the third quarter. Phillips Financial Management LLC now owns 181 shares of the exchange traded fund’s stock worth $27,000 after purchasing an additional 170 shares in the last quarter. Chris Bulman Inc purchased a new stake in shares of iShares U.S. Technology ETF during the 2nd quarter valued at $41,000. Finally, Cultivar Capital Inc. acquired a new stake in shares of iShares U.S. Technology ETF in the 2nd quarter worth $53,000.

iShares U.S. Technology ETF Stock Performance

NYSEARCA:IYW traded down $0.74 during mid-day trading on Wednesday, hitting $157.40. 30,775 shares of the company’s stock traded hands, compared to its average volume of 849,000. The company has a fifty day moving average of $153.30 and a 200 day moving average of $148.04. iShares U.S. Technology ETF has a twelve month low of $114.84 and a twelve month high of $161.49. The company has a market capitalization of $19.34 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).