First Citizens Financial Corp Trims Stake in iShares U.S. Technology ETF (NYSEARCA:IYW)

First Citizens Financial Corp lessened its stake in iShares U.S. Technology ETF (NYSEARCA:IYW) by 0.9% in the third quarter, HoldingsChannel reports. The firm owned 105,798 shares of the exchange traded fund’s stock after selling 1,012 shares during the period. iShares U.S. Technology ETF accounts for about 8.5% of First Citizens Financial Corp’s holdings, making the stock its biggest position. First Citizens Financial Corp’s holdings in iShares U.S. Technology ETF were worth $16,041,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in IYW. SeaCrest Wealth Management LLC boosted its position in shares of iShares U.S. Technology ETF by 9.7% during the first quarter. SeaCrest Wealth Management LLC now owns 6,319 shares of the exchange traded fund’s stock worth $853,000 after purchasing an additional 560 shares in the last quarter. Willner & Heller LLC bought a new position in iShares U.S. Technology ETF during the fourth quarter worth about $809,000. Kingswood Wealth Advisors LLC acquired a new position in iShares U.S. Technology ETF in the first quarter valued at about $274,000. Pettinga Financial Advisors LLC increased its holdings in shares of iShares U.S. Technology ETF by 3.7% in the first quarter. Pettinga Financial Advisors LLC now owns 71,480 shares of the exchange traded fund’s stock worth $9,654,000 after acquiring an additional 2,555 shares in the last quarter. Finally, Oppenheimer & Co. Inc. raised its position in shares of iShares U.S. Technology ETF by 1.2% during the first quarter. Oppenheimer & Co. Inc. now owns 7,281 shares of the exchange traded fund’s stock worth $983,000 after purchasing an additional 85 shares during the period.

iShares U.S. Technology ETF Price Performance

NYSEARCA:IYW opened at $149.81 on Friday. The business’s 50-day simple moving average is $145.00 and its 200-day simple moving average is $142.42. iShares U.S. Technology ETF has a fifty-two week low of $100.84 and a fifty-two week high of $158.97. The stock has a market capitalization of $18.40 billion, a PE ratio of 38.84 and a beta of 1.43.

iShares U.S. Technology ETF 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).