Elevate Wealth Advisory Inc. Takes Position in iShares U.S. Technology ETF $IYW

Elevate Wealth Advisory Inc. purchased a new position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 545 shares of the exchange traded fund’s stock, valued at approximately $77,000.

Other large investors have also added to or reduced their stakes in the company. LPL Financial LLC grew its holdings in iShares U.S. Technology ETF by 4.4% during the 1st 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 lifted its holdings in shares of iShares U.S. Technology ETF by 4.4% during the first 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 period. Bank of America Corp DE lifted its holdings in shares of iShares U.S. Technology ETF by 0.6% during the fourth 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 during the period. Park Avenue Securities LLC grew its stake in shares of iShares U.S. Technology ETF by 3.7% in the first quarter. Park Avenue Securities LLC now owns 966,309 shares of the exchange traded fund’s stock worth $135,708,000 after purchasing an additional 34,529 shares during the last quarter. Finally, Commonwealth Equity Services LLC increased its holdings in iShares U.S. Technology ETF by 8.3% in the first 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 period. Institutional investors own 57.65% of the company’s stock.

iShares U.S. Technology ETF Trading Down 0.7%

Shares of IYW opened at $179.27 on Thursday. The company has a market capitalization of $22.42 billion, a PE ratio of 34.95 and a beta of 1.15. iShares U.S. Technology ETF has a 12 month low of $117.55 and a 12 month high of $186.63. The stock’s 50-day moving average price is $176.12 and its two-hundred day moving average price is $158.86.

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).