Capstone Financial Advisors Inc. Takes $209,000 Position in iShares U.S. Technology ETF $IYW

Capstone Financial Advisors Inc. purchased a new position in iShares U.S. Technology ETF (NYSEARCA:IYW) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 1,207 shares of the exchange traded fund’s stock, valued at approximately $209,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. LPL Financial LLC grew its stake in shares of iShares U.S. Technology ETF by 4.4% in the first quarter. LPL Financial LLC now owns 5,335,760 shares of the exchange traded fund’s stock worth $749,354,000 after acquiring an additional 224,438 shares during the last quarter. PGIM Custom Harvest LLC raised its position in shares of iShares U.S. Technology ETF by 4.4% in 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 during the last quarter. The Manufacturers Life Insurance Company boosted its stake in iShares U.S. Technology ETF by 113.3% in 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 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 valued at $132,750,000 after purchasing an additional 72,139 shares during the last quarter. Finally, Cetera Investment Advisers grew its position in 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 valued at $98,762,000 after purchasing an additional 10,647 shares during the last quarter. Institutional investors own 57.65% of the company’s stock.

iShares U.S. Technology ETF Stock Performance

NYSEARCA:IYW opened at $198.11 on Friday. The firm has a market cap of $21.36 billion, a P/E ratio of 34.95 and a beta of 1.23. iShares U.S. Technology ETF has a fifty-two week low of $117.55 and a fifty-two week high of $211.98. The firm has a 50-day simple moving average of $197.46 and a two-hundred day simple moving average of $179.23.

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).