Kestra Advisory Services LLC Has $89.87 Million Stock Position in iShares U.S. Technology ETF $IYW

Kestra Advisory Services LLC raised its position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 11.0% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor 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 owned about 0.50% of iShares U.S. Technology ETF worth $89,868,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of the company. Monetary Solutions Ltd bought a new position in iShares U.S. Technology ETF in the 4th quarter valued at $26,000. Sankala Group LLC acquired a new stake in shares of iShares U.S. Technology ETF in the 4th quarter valued at $26,000. Miller Capital Partners Inc. bought a new stake in shares of iShares U.S. Technology ETF during the fourth quarter worth $28,000. Triumph Capital Management bought a new stake in shares of iShares U.S. Technology ETF during the third quarter worth $28,000. Finally, Kingdom Financial Group LLC. acquired a new position in shares of iShares U.S. Technology ETF during the fourth quarter valued at $32,000. Institutional investors own 57.65% of the company’s stock.

iShares U.S. Technology ETF Trading Up 1.7%

iShares U.S. Technology ETF stock opened at $249.28 on Friday. The company has a market cap 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 company’s 50-day moving average is $243.44 and its two-hundred day moving average is $212.63.

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). 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.