Gilliland Jeter Wealth Management LLC Sells 602 Shares of iShares U.S. Technology ETF (NYSEARCA:IYW)

Gilliland Jeter Wealth Management LLC decreased its position in iShares U.S. Technology ETF (NYSEARCA:IYW) by 2.4% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 24,352 shares of the exchange traded fund’s stock after selling 602 shares during the period. iShares U.S. Technology ETF comprises approximately 1.2% of Gilliland Jeter Wealth Management LLC’s portfolio, making the stock its 17th biggest holding. Gilliland Jeter Wealth Management LLC’s holdings in iShares U.S. Technology ETF were worth $3,692,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in IYW. Rosenberg Matthew Hamilton raised its position 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 purchasing an additional 95 shares during the last quarter. Central Bank & Trust Co. grew its holdings 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 acquiring an additional 134 shares during the period. VitalStone Financial LLC purchased a new position in shares of iShares U.S. Technology ETF in the 1st quarter valued at approximately $36,000. Chris Bulman Inc bought a new stake in shares of iShares U.S. Technology ETF during the second quarter valued at approximately $41,000. Finally, Cultivar Capital Inc. purchased a new stake in iShares U.S. Technology ETF in the second quarter worth $53,000.

iShares U.S. Technology ETF Trading Up 0.4 %

IYW opened at $155.20 on Monday. iShares U.S. Technology ETF has a 12-month low of $100.84 and a 12-month high of $158.97. The company has a market cap of $19.07 billion, a price-to-earnings ratio of 38.84 and a beta of 1.43. The stock has a fifty day simple moving average of $148.35 and a two-hundred day simple moving average of $143.97.

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).