Hanlon Investment Management Inc. Sells 112 Shares of iShares U.S. Technology ETF (NYSEARCA:IYW)

Hanlon Investment Management Inc. decreased its stake in iShares U.S. Technology ETF (NYSEARCA:IYW) by 3.1% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 3,512 shares of the exchange traded fund’s stock after selling 112 shares during the period. Hanlon Investment Management Inc.’s holdings in iShares U.S. Technology ETF were worth $529,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in the stock. Envestnet Portfolio Solutions Inc. lifted its holdings in iShares U.S. Technology ETF by 45.5% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 1,257,759 shares of the exchange traded fund’s stock valued at $154,390,000 after purchasing an additional 393,079 shares in the last quarter. Dodds Wealth LLC bought a new stake in iShares U.S. Technology ETF during the fourth quarter valued at about $235,000. Calton & Associates Inc. purchased a new position in shares of iShares U.S. Technology ETF in the fourth quarter valued at about $329,000. SeaCrest Wealth Management LLC grew its position in shares of iShares U.S. Technology ETF by 9.7% during the first quarter. SeaCrest Wealth Management LLC now owns 6,319 shares of the exchange traded fund’s stock worth $853,000 after purchasing an additional 560 shares in the last quarter. Finally, Willner & Heller LLC bought a new stake in iShares U.S. Technology ETF during the 4th quarter valued at approximately $809,000.

iShares U.S. Technology ETF Trading Down 2.4 %

NYSEARCA IYW opened at $137.70 on Friday. iShares U.S. Technology ETF has a 12 month low of $100.84 and a 12 month high of $158.97. The stock’s 50 day moving average is $147.08 and its 200 day moving average is $140.53. The stock has a market cap of $16.92 billion, a PE ratio of 38.84 and a beta of 1.43.

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).