Physician Wealth Advisors Inc. Reduces Stock Position in iShares U.S. Technology ETF (NYSEARCA:IYW)

Physician Wealth Advisors Inc. lessened its stake in iShares U.S. Technology ETF (NYSEARCA:IYW) by 4.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund 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 holding. Physician Wealth Advisors Inc.’s holdings in iShares U.S. Technology ETF were worth $7,365,000 as of its most recent filing with the SEC.

Other institutional investors have also recently added to or reduced their stakes in the company. Rosenberg Matthew Hamilton increased its stake in shares of iShares U.S. Technology ETF by 133.8% in the 2nd quarter. Rosenberg Matthew Hamilton now owns 166 shares of the exchange traded fund’s stock worth $25,000 after acquiring an additional 95 shares during the last quarter. Central Bank & Trust Co. increased its position in iShares U.S. Technology ETF by 343.6% during the second quarter. Central Bank & Trust Co. now owns 173 shares of the exchange traded fund’s stock worth $26,000 after purchasing an additional 134 shares during the last quarter. VitalStone Financial LLC purchased a new position in iShares U.S. Technology ETF during the first quarter worth about $36,000. Chris Bulman Inc acquired a new position in iShares U.S. Technology ETF in the 2nd quarter valued at about $41,000. Finally, Cultivar Capital Inc. purchased a new stake in shares of iShares U.S. Technology ETF in the 2nd quarter valued at approximately $53,000.

iShares U.S. Technology ETF Price Performance

Shares of NYSEARCA IYW opened at $154.18 on Thursday. The company has a market capitalization of $18.94 billion, a P/E ratio of 38.84 and a beta of 1.43. The company has a 50 day simple moving average of $147.69 and a 200-day simple moving average of $143.69. iShares U.S. Technology ETF has a 1 year low of $100.84 and a 1 year high of $158.97.

iShares U.S. Technology ETF Company 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).