Keystone Financial Services Raises Stock Position in iShares U.S. Technology ETF (NYSEARCA:IYW)

Keystone Financial Services increased its stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 6.9% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 52,379 shares of the exchange traded fund’s stock after acquiring an additional 3,384 shares during the quarter. iShares U.S. Technology ETF makes up about 3.1% of Keystone Financial Services’ portfolio, making the stock its 9th largest position. Keystone Financial Services’ holdings in iShares U.S. Technology ETF were worth $7,074,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Fifth Third Bancorp raised its holdings in iShares U.S. Technology ETF by 31.4% during the fourth quarter. Fifth Third Bancorp now owns 2,644 shares of the exchange traded fund’s stock worth $325,000 after buying an additional 632 shares during the last quarter. Pinnacle Financial Partners Inc acquired a new position in iShares U.S. Technology ETF during the fourth quarter worth $392,000. Venturi Wealth Management LLC raised its holdings in iShares U.S. Technology ETF by 28.7% during the fourth quarter. Venturi Wealth Management LLC now owns 9,468 shares of the exchange traded fund’s stock worth $1,162,000 after buying an additional 2,109 shares during the last quarter. Panoramic Investment Advisors LLC acquired a new position in iShares U.S. Technology ETF during the fourth quarter worth $222,000. Finally, WealthShield Partners LLC raised its holdings in iShares U.S. Technology ETF by 27.1% during the fourth quarter. WealthShield Partners LLC now owns 27,164 shares of the exchange traded fund’s stock worth $3,334,000 after buying an additional 5,790 shares during the last quarter.

iShares U.S. Technology ETF Stock Down 2.5 %

IYW traded down $3.59 during trading on Friday, hitting $138.18. 2,363,857 shares of the company’s stock were exchanged, compared to its average volume of 884,418. The business’s 50 day moving average is $148.54 and its two-hundred day moving average is $138.19. The stock has a market cap of $16.98 billion, a P/E ratio of 38.84 and a beta of 1.43. iShares U.S. Technology ETF has a fifty-two week low of $100.84 and a fifty-two week high of $158.97.

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).