FPC Investment Advisory Inc. Sells 1,847 Shares of iShares U.S. Technology ETF (NYSEARCA:IYW)

FPC Investment Advisory Inc. cut its stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 24.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 5,778 shares of the exchange traded fund’s stock after selling 1,847 shares during the quarter. iShares U.S. Technology ETF accounts for about 0.7% of FPC Investment Advisory Inc.’s holdings, making the stock its 16th biggest holding. FPC Investment Advisory Inc.’s holdings in iShares U.S. Technology ETF were worth $923,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also bought and sold shares of the stock. LPL Financial LLC lifted its position in iShares U.S. Technology ETF by 3.0% during the third quarter. LPL Financial LLC now owns 4,133,439 shares of the exchange traded fund’s stock valued at $626,712,000 after purchasing an additional 120,614 shares during the last quarter. Park Avenue Securities LLC lifted its holdings in shares of iShares U.S. Technology ETF by 2.0% in the 4th quarter. Park Avenue Securities LLC now owns 931,780 shares of the exchange traded fund’s stock worth $148,638,000 after acquiring an additional 18,382 shares during the last quarter. OneDigital Investment Advisors LLC lifted its holdings in shares of iShares U.S. Technology ETF by 2.1% in the 3rd quarter. OneDigital Investment Advisors LLC now owns 714,361 shares of the exchange traded fund’s stock worth $108,311,000 after acquiring an additional 14,758 shares during the last quarter. The Manufacturers Life Insurance Company lifted its holdings in shares of iShares U.S. Technology ETF by 4,550.8% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 553,450 shares of the exchange traded fund’s stock worth $83,914,000 after acquiring an additional 541,550 shares during the last quarter. Finally, Quotient Wealth Partners LLC lifted its holdings in shares of iShares U.S. Technology ETF by 1.3% in the 4th quarter. Quotient Wealth Partners LLC now owns 364,362 shares of the exchange traded fund’s stock worth $58,123,000 after acquiring an additional 4,773 shares during the last quarter.

iShares U.S. Technology ETF Stock Performance

Shares of IYW opened at $161.55 on Friday. The firm has a market cap of $19.85 billion, a price-to-earnings ratio of 38.84 and a beta of 1.43. iShares U.S. Technology ETF has a fifty-two week low of $124.32 and a fifty-two week high of $167.30. The firm has a 50 day moving average price of $162.06 and a 200-day moving average price of $155.82.

About iShares U.S. Technology ETF

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).