Austin Private Wealth LLC Sells 9,282 Shares of iShares U.S. Technology ETF (NYSEARCA:IYW)

Austin Private Wealth LLC lowered its holdings in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 6.9% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 124,298 shares of the exchange traded fund’s stock after selling 9,282 shares during the period. iShares U.S. Technology ETF makes up about 1.8% of Austin Private Wealth LLC’s holdings, making the stock its 16th biggest position. Austin Private Wealth LLC’s holdings in iShares U.S. Technology ETF were worth $18,846,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. World Equity Group Inc. grew its position in shares of iShares U.S. Technology ETF by 183.0% during the 3rd quarter. World Equity Group Inc. now owns 6,804 shares of the exchange traded fund’s stock worth $1,032,000 after buying an additional 4,400 shares during the period. QRG Capital Management Inc. boosted its stake in iShares U.S. Technology ETF by 53.0% during the third quarter. QRG Capital Management Inc. now owns 3,826 shares of the exchange traded fund’s stock worth $580,000 after acquiring an additional 1,326 shares in the last quarter. Silicon Valley Capital Partners acquired a new stake in iShares U.S. Technology ETF in the third quarter worth $334,000. Wetzel Investment Advisors Inc. increased its stake in iShares U.S. Technology ETF by 3.3% in the third quarter. Wetzel Investment Advisors Inc. now owns 4,365 shares of the exchange traded fund’s stock valued at $662,000 after purchasing an additional 140 shares in the last quarter. Finally, Old North State Wealth Management LLC raised its holdings in shares of iShares U.S. Technology ETF by 3.3% during the third quarter. Old North State Wealth Management LLC now owns 3,386 shares of the exchange traded fund’s stock valued at $514,000 after purchasing an additional 109 shares during the period.

iShares U.S. Technology ETF Price Performance

Shares of IYW traded up $1.75 during trading hours on Tuesday, hitting $153.16. The stock had a trading volume of 62,080 shares, compared to its average volume of 852,815. The firm has a 50 day simple moving average of $149.98 and a 200-day simple moving average of $145.72. iShares U.S. Technology ETF has a 1-year low of $108.24 and a 1-year high of $158.97. The firm has a market capitalization of $18.82 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).