Sterling Investment Advisors LLC ADV Has $392,000 Holdings in iShares U.S. Technology ETF (NYSEARCA:IYW)

Sterling Investment Advisors LLC ADV cut its position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 33.9% during the fourth quarter, HoldingsChannel.com reports. The firm owned 2,456 shares of the exchange traded fund’s stock after selling 1,260 shares during the period. iShares U.S. Technology ETF accounts for about 0.2% of Sterling Investment Advisors LLC ADV’s investment portfolio, making the stock its 24th largest holding. Sterling Investment Advisors LLC ADV’s holdings in iShares U.S. Technology ETF were worth $392,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of IYW. International Assets Investment Management LLC increased its holdings in iShares U.S. Technology ETF by 29,435.7% in the 3rd quarter. International Assets Investment Management LLC now owns 3,190,156 shares of the exchange traded fund’s stock valued at $483,691,000 after buying an additional 3,179,355 shares during the period. 1832 Asset Management L.P. boosted its position in shares of iShares U.S. Technology ETF by 173.9% during the 2nd quarter. 1832 Asset Management L.P. now owns 1,022,598 shares of the exchange traded fund’s stock valued at $153,901,000 after acquiring an additional 649,192 shares in the last quarter. The Manufacturers Life Insurance Company increased its stake in iShares U.S. Technology ETF by 4,550.8% in the third quarter. The Manufacturers Life Insurance Company now owns 553,450 shares of the exchange traded fund’s stock valued at $83,914,000 after acquiring an additional 541,550 shares during the period. Hsbc Holdings PLC raised its position in iShares U.S. Technology ETF by 1,170.2% in the second quarter. Hsbc Holdings PLC now owns 572,587 shares of the exchange traded fund’s stock worth $86,174,000 after purchasing an additional 527,510 shares in the last quarter. Finally, Sanctuary Advisors LLC bought a new position in iShares U.S. Technology ETF during the second quarter worth about $57,410,000.

iShares U.S. Technology ETF Trading Up 2.3 %

NYSEARCA IYW opened at $160.16 on Thursday. iShares U.S. Technology ETF has a 1-year low of $121.05 and a 1-year high of $166.47. The company has a market capitalization of $19.68 billion, a price-to-earnings ratio of 38.84 and a beta of 1.43. The stock’s 50 day moving average is $161.12 and its two-hundred day moving average is $153.27.

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).