Realta Investment Advisors Reduces Position in iShares U.S. Technology ETF (NYSEARCA:IYW)

Realta Investment Advisors trimmed its holdings in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 83.3% during the third quarter, Holdings Channel reports. The fund owned 552 shares of the exchange traded fund’s stock after selling 2,747 shares during the quarter. Realta Investment Advisors’ holdings in iShares U.S. Technology ETF were worth $87,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of IYW. Sequoia Financial Advisors LLC boosted its stake in iShares U.S. Technology ETF by 4.6% in the first quarter. Sequoia Financial Advisors LLC now owns 3,839 shares of the exchange traded fund’s stock valued at $519,000 after acquiring an additional 169 shares during the period. GSB Wealth Management LLC acquired a new position in iShares U.S. Technology ETF in the first quarter valued at approximately $214,000. RiverFront Investment Group LLC boosted its position in shares of iShares U.S. Technology ETF by 22.2% during the first quarter. RiverFront Investment Group LLC now owns 675,748 shares of the exchange traded fund’s stock worth $91,266,000 after buying an additional 122,886 shares during the period. Central Pacific Bank Trust Division acquired a new position in shares of iShares U.S. Technology ETF during the first quarter worth approximately $2,912,000. Finally, Liberty Wealth Management LLC boosted its position in shares of iShares U.S. Technology ETF by 1.0% during the first quarter. Liberty Wealth Management LLC now owns 58,921 shares of the exchange traded fund’s stock worth $7,949,000 after buying an additional 569 shares during the period.

iShares U.S. Technology ETF Trading Up 0.7 %

Shares of NYSEARCA IYW opened at $151.71 on Friday. The stock has a 50 day simple moving average of $149.91 and a 200-day simple moving average of $145.35. The company has a market cap of $18.64 billion, a PE ratio of 38.84 and a beta of 1.43. iShares U.S. Technology ETF has a 12-month low of $106.49 and a 12-month 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).