iShares U.S. Technology ETF (NYSEARCA:IYW) Shares Sold by Occidental Asset Management LLC

Occidental Asset Management LLC trimmed its holdings in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 15.7% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,987 shares of the exchange traded fund’s stock after selling 1,111 shares during the quarter. Occidental Asset Management LLC’s holdings in iShares U.S. Technology ETF were worth $652,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in the business. Barclays PLC purchased a new stake in iShares U.S. Technology ETF during the 1st quarter valued at about $25,000. Oxford Financial Group Ltd. purchased a new stake in iShares U.S. Technology ETF in the first quarter valued at approximately $26,000. Ruedi Wealth Management Inc. acquired a new position in iShares U.S. Technology ETF in the 1st quarter worth approximately $30,000. Grey Fox Wealth Advisors LLC purchased a new position in iShares U.S. Technology ETF during the 1st quarter worth approximately $31,000. Finally, Nelson Van Denburg & Campbell Wealth Management Group LLC lifted its stake in iShares U.S. Technology ETF by 230.5% during the 1st quarter. Nelson Van Denburg & Campbell Wealth Management Group LLC now owns 423 shares of the exchange traded fund’s stock valued at $39,000 after acquiring an additional 295 shares during the period.

iShares U.S. Technology ETF Price Performance

IYW stock opened at $108.45 on Tuesday. The firm’s fifty day simple moving average is $109.53 and its 200-day simple moving average is $101.11. iShares U.S. Technology ETF has a 12 month low of $69.49 and a 12 month high of $114.17. The company has a market capitalization of $11.15 billion, a P/E ratio of 21.40 and a beta of 1.15.

iShares U.S. Technology ETF Profile

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).