Savvy Advisors Inc. Decreases Position in iShares U.S. Technology ETF (NYSEARCA:IYW)

Savvy Advisors Inc. decreased its position in iShares U.S. Technology ETF (NYSEARCA:IYW) by 45.6% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 1,608 shares of the exchange traded fund’s stock after selling 1,350 shares during the period. Savvy Advisors Inc.’s holdings in iShares U.S. Technology ETF were worth $244,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in IYW. Rosenberg Matthew Hamilton increased its holdings in 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 valued at $25,000 after acquiring an additional 95 shares in the last quarter. Central Bank & Trust Co. raised its position in shares of iShares U.S. Technology ETF by 343.6% during the 2nd 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. Chris Bulman Inc acquired a new stake in iShares U.S. Technology ETF during the 2nd quarter valued at $41,000. Cultivar Capital Inc. acquired a new stake in iShares U.S. Technology ETF during the 2nd quarter valued at $53,000. Finally, Sugarloaf Wealth Management LLC raised its holdings in shares of iShares U.S. Technology ETF by 40.3% in the second quarter. Sugarloaf Wealth Management LLC now owns 397 shares of the exchange traded fund’s stock worth $60,000 after acquiring an additional 114 shares during the last quarter.

iShares U.S. Technology ETF Stock Down 0.5 %

Shares of NYSEARCA:IYW opened at $160.06 on Thursday. The company has a market capitalization of $19.66 billion, a P/E ratio of 38.84 and a beta of 1.43. iShares U.S. Technology ETF has a 52-week low of $114.57 and a 52-week high of $161.49. The stock’s fifty day simple moving average is $151.89 and its 200-day simple moving average is $147.13.

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).