Concorde Asset Management LLC Sells 1,445 Shares of iShares U.S. Technology ETF (NYSEARCA:IYW)

Concorde Asset Management LLC lessened its holdings in iShares U.S. Technology ETF (NYSEARCA:IYW) by 12.2% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,351 shares of the exchange traded fund’s stock after selling 1,445 shares during the period. iShares U.S. Technology ETF comprises 1.0% of Concorde Asset Management LLC’s investment portfolio, making the stock its 20th biggest holding. Concorde Asset Management LLC’s holdings in iShares U.S. Technology ETF were worth $1,558,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the business. Rosenberg Matthew Hamilton raised its stake in shares of iShares U.S. Technology ETF by 133.8% in the second quarter. Rosenberg Matthew Hamilton now owns 166 shares of the exchange traded fund’s stock worth $25,000 after purchasing an additional 95 shares during the last quarter. Central Bank & Trust Co. raised its position in iShares U.S. Technology ETF by 343.6% in the 2nd quarter. Central Bank & Trust Co. now owns 173 shares of the exchange traded fund’s stock valued at $26,000 after buying an additional 134 shares during the last quarter. VitalStone Financial LLC bought a new position in iShares U.S. Technology ETF during the 1st quarter valued at $36,000. Chris Bulman Inc bought a new position in iShares U.S. Technology ETF during the 2nd quarter valued at $41,000. Finally, Cultivar Capital Inc. bought a new stake in shares of iShares U.S. Technology ETF in the 2nd quarter worth $53,000.

iShares U.S. Technology ETF Price Performance

Shares of IYW stock opened at $145.43 on Thursday. The firm has a 50-day moving average of $145.33 and a 200-day moving average of $141.28. iShares U.S. Technology ETF has a one year low of $100.84 and a one year high of $158.97. The company has a market cap of $17.87 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).