Koshinski Asset Management Inc. Sells 524 Shares of iShares U.S. Technology ETF (NYSEARCA:IYW)

Koshinski Asset Management Inc. reduced its position in iShares U.S. Technology ETF (NYSEARCA:IYW) by 1.8% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 29,021 shares of the exchange traded fund’s stock after selling 524 shares during the period. Koshinski Asset Management Inc.’s holdings in iShares U.S. Technology ETF were worth $4,400,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in IYW. FIL Ltd increased its position in shares of iShares U.S. Technology ETF by 33.2% during the fourth quarter. FIL Ltd now owns 1,456,287 shares of the exchange traded fund’s stock valued at $178,759,000 after buying an additional 363,201 shares during the period. Novak & Powell Financial Services Inc. bought a new stake in shares of iShares U.S. Technology ETF during the fourth quarter valued at about $216,000. Centaurus Financial Inc. increased its position in shares of iShares U.S. Technology ETF by 1.9% during the fourth quarter. Centaurus Financial Inc. now owns 12,112 shares of the exchange traded fund’s stock valued at $1,487,000 after buying an additional 226 shares during the period. EP Wealth Advisors LLC increased its position in shares of iShares U.S. Technology ETF by 12.6% during the fourth quarter. EP Wealth Advisors LLC now owns 11,291 shares of the exchange traded fund’s stock valued at $1,386,000 after buying an additional 1,261 shares during the period. Finally, Scarborough Advisors LLC increased its position in shares of iShares U.S. Technology ETF by 51.6% during the fourth quarter. Scarborough Advisors LLC now owns 68,412 shares of the exchange traded fund’s stock valued at $8,398,000 after buying an additional 23,299 shares during the period.

iShares U.S. Technology ETF Price Performance

Shares of IYW traded up $0.38 during midday trading on Friday, hitting $155.00. 277,183 shares of the company traded hands, compared to its average volume of 874,937. The stock has a 50-day moving average of $146.40 and a 200-day moving average of $143.27. iShares U.S. Technology ETF has a one year low of $100.84 and a one year high of $158.97. The firm has a market cap of $19.04 billion, a P/E ratio of 38.84 and a beta of 1.43.

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).