Kelly Financial Group LLC Invests $241,000 in iShares U.S. Technology ETF $IYW

Kelly Financial Group LLC bought a new stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) in the 2nd quarter, Holdings Channel reports. The fund bought 1,392 shares of the exchange traded fund’s stock, valued at approximately $241,000.

Several other large investors have also modified their holdings of the stock. LPL Financial LLC raised its holdings in shares of iShares U.S. Technology ETF by 4.4% during the first quarter. LPL Financial LLC now owns 5,335,760 shares of the exchange traded fund’s stock valued at $749,354,000 after buying an additional 224,438 shares during the last quarter. PGIM Custom Harvest LLC grew its position in iShares U.S. Technology ETF by 4.4% during the 1st 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 in the last quarter. The Manufacturers Life Insurance Company grew its holdings in shares of iShares U.S. Technology ETF by 113.3% during the 1st quarter. The Manufacturers Life Insurance Company now owns 1,021,938 shares of the exchange traded fund’s stock valued at $143,521,000 after acquiring an additional 542,816 shares in the last quarter. Park Avenue Securities LLC raised its stake 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 purchasing an additional 34,529 shares in the last quarter. Finally, Commonwealth Equity Services LLC lifted its stake in shares of iShares U.S. Technology ETF by 8.3% in the 1st 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 last quarter. Institutional investors own 57.65% of the company’s stock.

iShares U.S. Technology ETF Price Performance

Shares of IYW opened at $197.01 on Tuesday. The company’s fifty day moving average price is $183.03 and its 200 day moving average price is $163.12. iShares U.S. Technology ETF has a one year low of $117.55 and a one year high of $197.11. The company has a market capitalization of $24.64 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).