Kestra Private Wealth Services LLC Purchases 527 Shares of iShares U.S. Technology ETF (NYSEARCA:IYW)

Kestra Private Wealth Services LLC grew its holdings in iShares U.S. Technology ETF (NYSEARCA:IYW) by 3.0% in the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 18,359 shares of the exchange traded fund’s stock after buying an additional 527 shares during the quarter. Kestra Private Wealth Services LLC’s holdings in iShares U.S. Technology ETF were worth $2,578,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Bank of America Corp DE increased its holdings in iShares U.S. Technology ETF by 0.6% in the 4th quarter. Bank of America Corp DE now owns 4,297,527 shares of the exchange traded fund’s stock worth $685,541,000 after purchasing an additional 26,427 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in iShares U.S. Technology ETF by 10.1% during the 4th quarter. JPMorgan Chase & Co. now owns 3,420,965 shares of the exchange traded fund’s stock worth $545,713,000 after purchasing an additional 314,689 shares during the last quarter. Wells Fargo & Company MN boosted its position in iShares U.S. Technology ETF by 14.2% during the fourth quarter. Wells Fargo & Company MN now owns 1,423,744 shares of the exchange traded fund’s stock valued at $227,116,000 after acquiring an additional 177,492 shares during the last quarter. Park Avenue Securities LLC boosted its holdings in shares of iShares U.S. Technology ETF by 3.7% during the 1st quarter. Park Avenue Securities LLC now owns 966,309 shares of the exchange traded fund’s stock worth $135,708,000 after buying an additional 34,529 shares in the last quarter. Finally, MML Investors Services LLC lifted its position in shares of iShares U.S. Technology ETF by 3.0% during the 4th quarter. MML Investors Services LLC now owns 850,386 shares of the exchange traded fund’s stock valued at $135,654,000 after acquiring an additional 24,574 shares during the period. 57.65% of the stock is owned by institutional investors.

iShares U.S. Technology ETF Stock Performance

iShares U.S. Technology ETF stock opened at $179.21 on Tuesday. iShares U.S. Technology ETF has a fifty-two week low of $117.55 and a fifty-two week high of $180.27. The firm’s 50-day simple moving average is $166.13 and its 200 day simple moving average is $155.55. The stock has a market cap of $22.49 billion, a PE ratio of 34.95 and a beta of 1.15.

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).