Howard Capital Management Inc. Sells 217 Shares of iShares U.S. Technology ETF (NYSEARCA:IYW)

Howard Capital Management Inc. lowered its stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 1.9% during the first quarter, HoldingsChannel reports. The firm owned 10,998 shares of the exchange traded fund’s stock after selling 217 shares during the quarter. Howard Capital Management Inc.’s holdings in iShares U.S. Technology ETF were worth $1,545,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. True Vision MN LLC lifted its stake in iShares U.S. Technology ETF by 0.4% in the first quarter. True Vision MN LLC now owns 19,475 shares of the exchange traded fund’s stock valued at $2,735,000 after acquiring an additional 72 shares during the last quarter. Continuum Advisory LLC raised its position in shares of iShares U.S. Technology ETF by 11.4% in the first quarter. Continuum Advisory LLC now owns 750 shares of the exchange traded fund’s stock valued at $105,000 after purchasing an additional 77 shares during the period. TD Waterhouse Canada Inc. raised its position in shares of iShares U.S. Technology ETF by 1.1% in the fourth quarter. TD Waterhouse Canada Inc. now owns 7,402 shares of the exchange traded fund’s stock valued at $1,180,000 after purchasing an additional 79 shares during the period. Resurgent Financial Advisors LLC raised its position in shares of iShares U.S. Technology ETF by 2.8% in the first quarter. Resurgent Financial Advisors LLC now owns 2,889 shares of the exchange traded fund’s stock valued at $406,000 after purchasing an additional 80 shares during the period. Finally, Mission Wealth Management LP raised its position in shares of iShares U.S. Technology ETF by 2.1% in the first quarter. Mission Wealth Management LP now owns 4,581 shares of the exchange traded fund’s stock valued at $643,000 after purchasing an additional 93 shares during the period. Institutional investors own 57.65% of the company’s stock.

iShares U.S. Technology ETF Price Performance

Shares of IYW opened at $181.44 on Thursday. The firm has a market capitalization of $22.80 billion, a PE ratio of 34.95 and a beta of 1.15. The company’s 50-day moving average is $169.50 and its 200-day moving average is $156.65. iShares U.S. Technology ETF has a fifty-two week low of $117.55 and a fifty-two week high of $183.17.

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).