Park Place Capital Corp Reduces Holdings in iShares U.S. Technology ETF (NYSEARCA:IYW)

The iShares U.S. Technology ETF (NYSEARCA:IYW) has seen a recent decrease in holdings by Park Place Capital Corp, as reported in their most recent Form 13F filing with the SEC. The company cut its holdings in the ETF by 39.0% during the first quarter.

According to the filing, Park Place Capital Corp now owns 291 shares of the iShares U.S. Technology ETF, with a total value of $39,000. This decrease comes after the company sold 186 shares during the reporting period.

Other large investors have also made moves with their holdings in the ETF. Headinvest LLC, Tidemark LLC, GAMMA Investing LLC, Creekmur Asset Management LLC, and Morton Brown Family Wealth LLC have all recently added or reduced their stakes in iShares U.S. Technology ETF.

The stock of iShares U.S. Technology ETF is currently up 1.0%, with an opening price of $152.02 on Tuesday. The ETF has a fifty-day moving average of $140.77 and a two-hundred day moving average of $133.47. Its 52-week range is between $100.84 and $154.41, and it has a market capitalization of $18.68 billion with a price-to-earnings ratio of 38.84 and a beta of 1.43.

iShares U.S. Technology ETF, formerly known as iShares Dow Jones U.S. Technology Sector Index Fund, is a non-diversified fund that seeks investment results corresponding to the price and yield performance of the Dow Jones U.S. Technology Index.

For more information on hedge funds holding IYW and to stay updated on the latest news and ratings for iShares U.S. Technology ETF, visit HoldingsChannel.com.