iShares U.S. Technology ETF (NYSEARCA:IYW) Position Reduced by Sonata Capital Group Inc.

Sonata Capital Group Inc. reduced its position in iShares U.S. Technology ETF (NYSEARCA:IYW) by 8.6% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 10,480 shares of the exchange traded fund’s stock after selling 980 shares during the period. Sonata Capital Group Inc.’s holdings in iShares U.S. Technology ETF were worth $1,589,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Rosenberg Matthew Hamilton lifted its holdings in shares of iShares U.S. Technology ETF by 133.8% in the second 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 in the last quarter. Central Bank & Trust Co. lifted its stake in iShares U.S. Technology ETF by 343.6% in 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 in the last quarter. Chris Bulman Inc acquired a new stake in iShares U.S. Technology ETF during the 2nd quarter worth about $41,000. Cultivar Capital Inc. purchased a new position in iShares U.S. Technology ETF during the 2nd quarter valued at about $53,000. Finally, Sugarloaf Wealth Management LLC lifted its position in shares of iShares U.S. Technology ETF by 40.3% in the second quarter. Sugarloaf Wealth Management LLC now owns 397 shares of the exchange traded fund’s stock worth $60,000 after purchasing an additional 114 shares in the last quarter.

iShares U.S. Technology ETF Price Performance

IYW traded down $0.55 on Friday, reaching $160.70. 239,410 shares of the company traded hands, compared to its average volume of 850,788. The company has a market cap of $19.74 billion, a price-to-earnings ratio of 38.84 and a beta of 1.43. The stock’s 50 day moving average price is $150.61 and its 200-day moving average price is $146.11. iShares U.S. Technology ETF has a 52-week low of $110.37 and a 52-week high of $161.49.

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).