Stillwater Capital Advisors LLC Sells 1,340 Shares of iShares U.S. Technology ETF (NYSEARCA:IYW)

Stillwater Capital Advisors LLC reduced its stake in iShares U.S. Technology ETF (NYSEARCA:IYW) by 1.1% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 122,487 shares of the exchange traded fund’s stock after selling 1,340 shares during the period. iShares U.S. Technology ETF accounts for 2.4% of Stillwater Capital Advisors LLC’s portfolio, making the stock its 16th largest position. Stillwater Capital Advisors LLC owned approximately 0.11% of iShares U.S. Technology ETF worth $13,335,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also made changes to their positions in IYW. Market Street Wealth Management Advisors LLC boosted its holdings in iShares U.S. Technology ETF by 1.4% in the second quarter. Market Street Wealth Management Advisors LLC now owns 113,494 shares of the exchange traded fund’s stock worth $12,356,000 after purchasing an additional 1,610 shares during the last quarter. W.H. Cornerstone Investments Inc. boosted its stake in shares of iShares U.S. Technology ETF by 77.7% during the 2nd quarter. W.H. Cornerstone Investments Inc. now owns 10,174 shares of the exchange traded fund’s stock worth $1,108,000 after acquiring an additional 4,450 shares during the last quarter. ONE Advisory Partners LLC boosted its stake in shares of iShares U.S. Technology ETF by 1.6% during the 2nd quarter. ONE Advisory Partners LLC now owns 67,249 shares of the exchange traded fund’s stock worth $7,321,000 after acquiring an additional 1,043 shares during the last quarter. Level Four Advisory Services LLC purchased a new position in shares of iShares U.S. Technology ETF during the 2nd quarter worth $480,000. Finally, Financial Management Professionals Inc. purchased a new position in shares of iShares U.S. Technology ETF during the 2nd quarter worth $3,907,000.

iShares U.S. Technology ETF Price Performance

Shares of IYW stock opened at $108.44 on Tuesday. The company has a market capitalization of $11.15 billion, a price-to-earnings ratio of 21.40 and a beta of 1.15. iShares U.S. Technology ETF has a one year low of $69.49 and a one year high of $114.17. The company’s fifty day moving average price is $109.53 and its 200-day moving average price is $101.11.

iShares U.S. Technology ETF Company 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).