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

Physician Wealth Advisors Inc. lowered its position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 4.3% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 45,718 shares of the exchange traded fund’s stock after selling 2,057 shares during the quarter. iShares U.S. Technology ETF accounts for 1.2% of Physician Wealth Advisors Inc.’s investment portfolio, making the stock its 20th largest holding. Physician Wealth Advisors Inc.’s holdings in iShares U.S. Technology ETF were worth $7,293,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Mainstream Capital Management LLC raised its holdings in iShares U.S. Technology ETF by 1.3% during the fourth quarter. Mainstream Capital Management LLC now owns 4,945 shares of the exchange traded fund’s stock worth $789,000 after purchasing an additional 63 shares in the last quarter. XML Financial LLC lifted its holdings in shares of iShares U.S. Technology ETF by 1.7% in the 4th quarter. XML Financial LLC now owns 4,396 shares of the exchange traded fund’s stock valued at $701,000 after buying an additional 73 shares during the period. New Republic Capital LLC boosted its stake in shares of iShares U.S. Technology ETF by 4.4% in the fourth quarter. New Republic Capital LLC now owns 1,925 shares of the exchange traded fund’s stock valued at $307,000 after buying an additional 82 shares in the last quarter. Marino Stram & Associates LLC grew its holdings in iShares U.S. Technology ETF by 4.6% during the fourth quarter. Marino Stram & Associates LLC now owns 1,990 shares of the exchange traded fund’s stock worth $317,000 after acquiring an additional 88 shares during the period. Finally, SRS Capital Advisors Inc. raised its position in iShares U.S. Technology ETF by 43.7% in the fourth quarter. SRS Capital Advisors Inc. now owns 296 shares of the exchange traded fund’s stock worth $47,000 after acquiring an additional 90 shares in the last quarter.

iShares U.S. Technology ETF Stock Performance

Shares of NYSEARCA IYW opened at $140.66 on Friday. iShares U.S. Technology ETF has a one year low of $124.32 and a one year high of $167.30. The firm has a market capitalization of $17.55 billion, a P/E ratio of 33.00 and a beta of 1.16. The company’s fifty day moving average is $155.45 and its two-hundred day moving average is $156.52.

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).