Kestra Advisory Services LLC Raises Holdings in iShares U.S. Technology ETF (NYSEARCA:IYW)

Kestra Advisory Services LLC raised its holdings in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 9.1% in the fourth quarter, HoldingsChannel reports. The firm owned 351,433 shares of the exchange traded fund’s stock after buying an additional 29,301 shares during the quarter. Kestra Advisory Services LLC’s holdings in iShares U.S. Technology ETF were worth $56,061,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of IYW. Phillips Financial Management LLC raised its position in iShares U.S. Technology ETF by 1,545.5% during the 3rd quarter. Phillips Financial Management LLC now owns 181 shares of the exchange traded fund’s stock valued at $27,000 after purchasing an additional 170 shares during the last quarter. Brooklyn Investment Group raised its position in iShares U.S. Technology ETF by 84.3% during the 4th quarter. Brooklyn Investment Group now owns 199 shares of the exchange traded fund’s stock valued at $32,000 after purchasing an additional 91 shares during the last quarter. Avion Wealth bought a new position in shares of iShares U.S. Technology ETF in the 4th quarter worth approximately $47,000. SRS Capital Advisors Inc. raised its position in shares of iShares U.S. Technology ETF by 43.7% in the 4th quarter. SRS Capital Advisors Inc. now owns 296 shares of the exchange traded fund’s stock worth $47,000 after acquiring an additional 90 shares in the last quarter. Finally, Activest Wealth Management bought a new position in shares of iShares U.S. Technology ETF in the 3rd quarter worth approximately $52,000.

iShares U.S. Technology ETF Stock Performance

Shares of NYSEARCA:IYW opened at $146.03 on Friday. iShares U.S. Technology ETF has a 52-week low of $124.32 and a 52-week high of $167.30. The firm has a market capitalization of $18.34 billion, a P/E ratio of 35.73 and a beta of 1.14. The stock has a 50 day moving average price of $158.56 and a 200-day moving average price of $156.27.

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).