Stone House Investment Management LLC Has $1.35 Million Holdings in iShares U.S. Technology ETF $IYW

Stone House Investment Management LLC trimmed its position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 91.3% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 6,867 shares of the exchange traded fund’s stock after selling 72,096 shares during the quarter. Stone House Investment Management LLC’s holdings in iShares U.S. Technology ETF were worth $1,345,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently added to or reduced their stakes in IYW. Citizens Financial Group Inc. RI increased its stake in shares of iShares U.S. Technology ETF by 11.6% during the 3rd quarter. Citizens Financial Group Inc. RI now owns 17,411 shares of the exchange traded fund’s stock worth $3,410,000 after purchasing an additional 1,810 shares during the last quarter. Aspiriant LLC acquired a new position in iShares U.S. Technology ETF during the third quarter worth $204,000. Cannon Advisors Inc. bought a new position in iShares U.S. Technology ETF during the third quarter valued at about $800,000. TFC Financial Management Inc. acquired a new stake in shares of iShares U.S. Technology ETF in the third quarter worth about $140,000. Finally, Kesler Norman & Wride LLC boosted its stake in shares of iShares U.S. Technology ETF by 26.5% during the 3rd quarter. Kesler Norman & Wride LLC now owns 5,188 shares of the exchange traded fund’s stock worth $1,016,000 after acquiring an additional 1,087 shares in the last quarter. Institutional investors and hedge funds own 57.65% of the company’s stock.

iShares U.S. Technology ETF Stock Performance

Shares of IYW stock opened at $201.75 on Monday. The stock’s 50 day simple moving average is $199.93 and its 200 day simple moving average is $191.47. iShares U.S. Technology ETF has a twelve month low of $117.55 and a twelve month high of $211.98. The company has a market capitalization of $21.23 billion, a price-to-earnings ratio of 34.95 and a beta of 1.23.

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). The Index measures the performance of the technology sector of the United States equity market, and includes companies in the industry groups, such as software and computer services and technology hardware and equipment.