SPC Financial Inc. Has $1.42 Million Stock Holdings in iShares U.S. Technology ETF $IYW

SPC Financial Inc. lowered its stake in iShares U.S. Technology ETF (NYSEARCA:IYW) by 93.9% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 8,212 shares of the exchange traded fund’s stock after selling 125,753 shares during the period. SPC Financial Inc.’s holdings in iShares U.S. Technology ETF were worth $1,423,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. LPL Financial LLC grew its position in shares of iShares U.S. Technology ETF by 4.4% during the 1st quarter. LPL Financial LLC now owns 5,335,760 shares of the exchange traded fund’s stock worth $749,354,000 after purchasing an additional 224,438 shares in the last quarter. PGIM Custom Harvest LLC grew its position in shares of iShares U.S. Technology ETF by 4.4% during the 1st quarter. PGIM Custom Harvest LLC now owns 4,528,761 shares of the exchange traded fund’s stock worth $636,019,000 after purchasing an additional 192,008 shares in the last quarter. The Manufacturers Life Insurance Company grew its position in shares of iShares U.S. Technology ETF by 113.3% during the 1st quarter. The Manufacturers Life Insurance Company now owns 1,021,938 shares of the exchange traded fund’s stock worth $143,521,000 after purchasing an additional 542,816 shares in the last quarter. Commonwealth Equity Services LLC grew its position in shares of iShares U.S. Technology ETF by 8.3% during the 1st quarter. Commonwealth Equity Services LLC now owns 945,244 shares of the exchange traded fund’s stock worth $132,750,000 after purchasing an additional 72,139 shares in the last quarter. Finally, Cetera Investment Advisers grew its position in shares of iShares U.S. Technology ETF by 1.5% during the 1st quarter. Cetera Investment Advisers now owns 703,233 shares of the exchange traded fund’s stock worth $98,762,000 after purchasing an additional 10,647 shares in the last quarter. Institutional investors and hedge funds own 57.65% of the company’s stock.

iShares U.S. Technology ETF Stock Down 3.9%

Shares of NYSEARCA:IYW opened at $192.80 on Friday. The company’s 50 day moving average price is $187.90 and its two-hundred day moving average price is $167.96. iShares U.S. Technology ETF has a 12-month low of $117.55 and a 12-month high of $201.50. The firm has a market cap of $20.47 billion, a PE ratio of 34.95 and a beta of 1.15.

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).