Kestra Advisory Services LLC Acquires 48,940 Shares of iShares U.S. Technology ETF $IYW

Kestra Advisory Services LLC lifted its stake in iShares U.S. Technology ETF (NYSEARCA:IYW) by 11.0% during the first quarter, Holdings Channel.com reports. The fund owned 495,359 shares of the exchange traded fund’s stock after buying an additional 48,940 shares during the period. Kestra Advisory Services LLC’s holdings in iShares U.S. Technology ETF were worth $89,868,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of IYW. Money Concepts Capital Corp increased its stake in shares of iShares U.S. Technology ETF by 56.3% during the 1st quarter. Money Concepts Capital Corp now owns 19,855 shares of the exchange traded fund’s stock worth $3,602,000 after purchasing an additional 7,152 shares during the last quarter. Kiley Juergens Wealth Management LLC acquired a new stake in iShares U.S. Technology ETF in the 1st quarter valued at about $1,367,000. Ascentis Independent Advisors grew its holdings in iShares U.S. Technology ETF by 146.8% during the first quarter. Ascentis Independent Advisors now owns 5,283 shares of the exchange traded fund’s stock worth $959,000 after purchasing an additional 3,142 shares during the period. Stephens Inc. AR grew its holdings in iShares U.S. Technology ETF by 2.9% during the first quarter. Stephens Inc. AR now owns 26,696 shares of the exchange traded fund’s stock worth $4,843,000 after purchasing an additional 743 shares during the period. Finally, NBT Bank N A NY increased its position in iShares U.S. Technology ETF by 191.0% during the first quarter. NBT Bank N A NY now owns 582 shares of the exchange traded fund’s stock worth $106,000 after buying an additional 382 shares during the last quarter. Institutional investors own 57.65% of the company’s stock.

iShares U.S. Technology ETF Trading Up 1.7%

IYW stock opened at $249.28 on Friday. The firm has a market capitalization of $25.08 billion, a PE ratio of 34.95 and a beta of 1.35. iShares U.S. Technology ETF has a 1-year low of $172.54 and a 1-year high of $261.01. The business’s 50 day simple moving average is $243.44 and its 200 day simple moving average is $212.63.

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). The Index measures the performance of the technology sector of the United States equity market, and includes companies in the industry groups, such as software and computer services and technology hardware and equipment.