Crescent Grove Advisors LLC Reduces Holdings in iShares U.S. Technology ETF (NYSEARCA:IYW)

Crescent Grove Advisors LLC reduced its stake in iShares U.S. Technology ETF (NYSEARCA:IYW) by 10.9% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,817 shares of the exchange traded fund’s stock after selling 345 shares during the period. Crescent Grove Advisors LLC’s holdings in iShares U.S. Technology ETF were worth $427,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of IYW. International Assets Investment Management LLC grew its stake in shares of iShares U.S. Technology ETF by 29,435.7% in the third quarter. International Assets Investment Management LLC now owns 3,190,156 shares of the exchange traded fund’s stock worth $483,691,000 after purchasing an additional 3,179,355 shares during the last quarter. Dynasty Wealth Management LLC purchased a new stake in iShares U.S. Technology ETF in the 1st quarter worth approximately $119,223,000. 1832 Asset Management L.P. grew its position in shares of iShares U.S. Technology ETF by 173.9% in the 2nd quarter. 1832 Asset Management L.P. now owns 1,022,598 shares of the exchange traded fund’s stock worth $153,901,000 after buying an additional 649,192 shares during the last quarter. Hsbc Holdings PLC increased its stake in shares of iShares U.S. Technology ETF by 1,170.2% during the second quarter. Hsbc Holdings PLC now owns 572,587 shares of the exchange traded fund’s stock valued at $86,174,000 after buying an additional 527,510 shares during the period. Finally, Cetera Investment Advisers raised its holdings in shares of iShares U.S. Technology ETF by 131.6% during the first quarter. Cetera Investment Advisers now owns 743,002 shares of the exchange traded fund’s stock valued at $100,350,000 after acquiring an additional 422,212 shares in the last quarter.

iShares U.S. Technology ETF Stock Up 2.7 %

Shares of IYW stock opened at $157.83 on Thursday. The stock has a fifty day moving average of $150.31 and a 200 day moving average of $146.01. The firm has a market capitalization of $19.39 billion, a price-to-earnings ratio of 38.84 and a beta of 1.43. iShares U.S. Technology ETF has a 52 week low of $109.42 and a 52 week high of $158.97.

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).