Physician Wealth Advisors Inc. Lowers Stake in iShares U.S. Technology ETF (NYSEARCA:IYW)

Physician Wealth Advisors Inc. cut its holdings in shares of iShares U.S. Technology ETF (NYSEARCA:IYW – Free Report) by 4.4% during the third quarter, Holdings Channel reports. The firm owned 47,775 shares of the exchange traded fund’s stock after selling 2,209 shares during the quarter. iShares U.S. Technology ETF comprises about 1.3% of Physician Wealth Advisors Inc.’s holdings, making the stock its 22nd largest position. Physician Wealth Advisors Inc.’s holdings in iShares U.S. Technology ETF were worth $7,365,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in the business. SeaCrest Wealth Management LLC raised its holdings in iShares U.S. Technology ETF by 9.7% in the first quarter. SeaCrest Wealth Management LLC now owns 6,319 shares of the exchange traded fund’s stock valued at $853,000 after acquiring an additional 560 shares in the last quarter. Kingswood Wealth Advisors LLC acquired a new stake in shares of iShares U.S. Technology ETF during the first quarter worth about $274,000. Pettinga Financial Advisors LLC lifted its holdings in shares of iShares U.S. Technology ETF by 3.7% in the 1st quarter. Pettinga Financial Advisors LLC now owns 71,480 shares of the exchange traded fund’s stock valued at $9,654,000 after purchasing an additional 2,555 shares during the last quarter. Oppenheimer & Co. Inc. boosted its position in shares of iShares U.S. Technology ETF by 1.2% in the 1st quarter. Oppenheimer & Co. Inc. now owns 7,281 shares of the exchange traded fund’s stock valued at $983,000 after purchasing an additional 85 shares during the period. Finally, BOKF NA grew its stake in iShares U.S. Technology ETF by 20.1% during the 1st quarter. BOKF NA now owns 903 shares of the exchange traded fund’s stock worth $122,000 after buying an additional 151 shares during the last quarter.

iShares U.S. Technology ETF Trading Up 0.0 %

Shares of NYSEARCA IYW opened at $154.18 on Thursday. The stock has a market cap of $18.94 billion, a P/E ratio of 38.84 and a beta of 1.43. iShares U.S. Technology ETF has a twelve month low of $100.84 and a twelve month high of $158.97. The stock has a 50 day moving average of $147.69 and a two-hundred day moving average of $143.69.

iShares U.S. Technology ETF Company Profile

(Free Report)

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).

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