HCR Wealth Advisors Lowers Holdings in iShares U.S. Technology ETF (NYSEARCA:IYW)

HCR Wealth Advisors lowered its stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 3.1% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 9,354 shares of the exchange traded fund’s stock after selling 297 shares during the period. HCR Wealth Advisors’ holdings in iShares U.S. Technology ETF were worth $1,492,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Phillips Financial Management LLC raised its position in iShares U.S. Technology ETF by 1,545.5% during the third quarter. Phillips Financial Management LLC now owns 181 shares of the exchange traded fund’s stock valued at $27,000 after acquiring an additional 170 shares in the last quarter. Activest Wealth Management acquired a new stake in shares of iShares U.S. Technology ETF during the 3rd quarter worth approximately $52,000. Legacy Investment Solutions LLC acquired a new stake in shares of iShares U.S. Technology ETF during the 3rd quarter worth approximately $63,000. PSI Advisors LLC increased its holdings in shares of iShares U.S. Technology ETF by 36.2% during the 4th quarter. PSI Advisors LLC now owns 463 shares of the exchange traded fund’s stock valued at $74,000 after purchasing an additional 123 shares in the last quarter. Finally, Brown Brothers Harriman & Co. lifted its stake in shares of iShares U.S. Technology ETF by 81.7% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 545 shares of the exchange traded fund’s stock valued at $83,000 after purchasing an additional 245 shares during the period.

iShares U.S. Technology ETF Stock Performance

Shares of NYSEARCA IYW opened at $160.16 on Thursday. iShares U.S. Technology ETF has a 1 year low of $121.05 and a 1 year high of $166.47. The company’s fifty day moving average price is $161.12 and its 200 day moving average price is $153.27. The company has a market capitalization of $19.68 billion, a PE ratio of 38.84 and a beta of 1.43.

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).