The iShares US Technology ETF (Symbol: IYW) experienced a significant outflow of approximately $249 million, marking a 1.4% decrease in shares outstanding this week, from 98,850,000 to 97,500,000. This decline reflects changing investor sentiment in the technology sector.
As of the latest trading session, notable movements include Amphenol Corp. (Symbol: APH) down 1.5%, ServiceNow Inc. (Symbol: NOW) down 2.7%, and CrowdStrike Holdings Inc. (Symbol: CRWD) up 0.1%. The IYW’s price fluctuated between a 52-week low of $117.55 and a high of $211.98, closing at $182.53, which is below the 200-day moving average.
