Stillwater Capital Advisors LLC Trims Holdings in iShares U.S. Technology ETF (NYSEARCA:IYW)

Stillwater Capital Advisors LLC trimmed its position in iShares U.S. Technology ETF (NYSEARCA:IYW) by 6.8% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 109,752 shares of the exchange traded fund’s stock after selling 7,986 shares during the period. iShares U.S. Technology ETF comprises about 2.2% of Stillwater Capital Advisors LLC’s investment portfolio, making the stock its 21st largest position. Stillwater Capital Advisors LLC owned about 0.09% of iShares U.S. Technology ETF worth $16,641,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in IYW. Magnus Financial Group LLC increased its stake in shares of iShares U.S. Technology ETF by 0.6% during the 3rd quarter. Magnus Financial Group LLC now owns 11,845 shares of the exchange traded fund’s stock valued at $1,796,000 after acquiring an additional 67 shares during the last quarter. Investment Advisory Group LLC increased its stake in shares of iShares U.S. Technology ETF by 1.0% during the 3rd quarter. Investment Advisory Group LLC now owns 7,583 shares of the exchange traded fund’s stock valued at $1,150,000 after acquiring an additional 73 shares during the last quarter. Fort Washington Investment Advisors Inc. OH increased its stake in shares of iShares U.S. Technology ETF by 0.6% during the 2nd quarter. Fort Washington Investment Advisors Inc. OH now owns 13,484 shares of the exchange traded fund’s stock valued at $2,029,000 after acquiring an additional 74 shares during the last quarter. LVW Advisors LLC increased its stake in shares of iShares U.S. Technology ETF by 0.6% during the 1st quarter. LVW Advisors LLC now owns 13,870 shares of the exchange traded fund’s stock valued at $1,873,000 after acquiring an additional 84 shares during the last quarter. Finally, Oppenheimer & Co. Inc. increased its stake in shares of iShares U.S. Technology ETF by 1.2% during the 1st quarter. Oppenheimer & Co. Inc. now owns 7,281 shares of the exchange traded fund’s stock valued at $983,000 after acquiring an additional 85 shares during the last quarter.

iShares U.S. Technology ETF Price Performance

NYSEARCA IYW opened at $154.16 on Wednesday. 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 50-day moving average of $147.27 and a 200-day moving average of $143.61. The company has a market cap of $18.94 billion, a P/E ratio of 38.84 and a beta of 1.43.

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).