SPC Financial Inc. Cuts Position in iShares U.S. Technology ETF (NYSEARCA:IYW)

SPC Financial Inc. trimmed its holdings in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 0.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 134,804 shares of the exchange traded fund’s stock after selling 618 shares during the period. iShares U.S. Technology ETF comprises approximately 1.9% of SPC Financial Inc.’s portfolio, making the stock its 14th largest position. SPC Financial Inc.’s holdings in iShares U.S. Technology ETF were worth $21,504,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Phillips Financial Management LLC boosted 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 buying an additional 170 shares during the period. Brooklyn Investment Group boosted its position in iShares U.S. Technology ETF by 84.3% during the fourth quarter. Brooklyn Investment Group now owns 199 shares of the exchange traded fund’s stock valued at $32,000 after buying an additional 91 shares during the period. SRS Capital Advisors Inc. boosted its position in iShares U.S. Technology ETF by 43.7% during the fourth quarter. SRS Capital Advisors Inc. now owns 296 shares of the exchange traded fund’s stock valued at $47,000 after buying an additional 90 shares during the period. Avion Wealth purchased a new stake in iShares U.S. Technology ETF during the fourth quarter valued at about $47,000. Finally, Kestra Investment Management LLC bought a new position in shares of iShares U.S. Technology ETF during the fourth quarter valued at about $53,000.

iShares U.S. Technology ETF Trading Up 0.1 %

Shares of NYSEARCA:IYW opened at $149.99 on Wednesday. The company has a market cap of $18.84 billion, a price-to-earnings ratio of 35.73 and a beta of 1.14. The company has a 50-day moving average price of $161.14 and a 200-day moving average price of $156.54. iShares U.S. Technology ETF has a 12 month low of $124.32 and a 12 month high of $167.30.

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).