Keystone Financial Services Cuts Stock Position in iShares U.S. Technology ETF $IYW

Keystone Financial Services decreased its holdings in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 21.3% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 37,013 shares of the exchange traded fund’s stock after selling 10,021 shares during the quarter. iShares U.S. Technology ETF comprises about 2.2% of Keystone Financial Services’ investment portfolio, making the stock its 12th largest position. Keystone Financial Services’ holdings in iShares U.S. Technology ETF were worth $6,413,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of IYW. Bank of New York Mellon Corp lifted its holdings in shares of iShares U.S. Technology ETF by 9.1% in the 1st quarter. Bank of New York Mellon Corp now owns 376,895 shares of the exchange traded fund’s stock valued at $52,931,000 after acquiring an additional 31,300 shares during the last quarter. TD Private Client Wealth LLC increased its stake in iShares U.S. Technology ETF by 7.1% during the first quarter. TD Private Client Wealth LLC now owns 3,066 shares of the exchange traded fund’s stock worth $431,000 after acquiring an additional 204 shares during the last quarter. Brown Advisory Inc. raised its position in iShares U.S. Technology ETF by 54.3% during the first quarter. Brown Advisory Inc. now owns 24,466 shares of the exchange traded fund’s stock valued at $3,436,000 after purchasing an additional 8,605 shares during the period. M&T Bank Corp lifted its stake in shares of iShares U.S. Technology ETF by 0.5% in the 1st quarter. M&T Bank Corp now owns 38,029 shares of the exchange traded fund’s stock valued at $5,341,000 after purchasing an additional 192 shares during the last quarter. Finally, Allworth Financial LP lifted its stake in shares of iShares U.S. Technology ETF by 1.4% in the 1st quarter. Allworth Financial LP now owns 8,113 shares of the exchange traded fund’s stock valued at $1,137,000 after purchasing an additional 112 shares during the last quarter. Institutional investors own 57.65% of the company’s stock.

iShares U.S. Technology ETF Stock Performance

Shares of iShares U.S. Technology ETF stock opened at $199.54 on Friday. The stock has a market cap of $21.51 billion, a price-to-earnings ratio of 34.95 and a beta of 1.23. The stock has a 50 day moving average price of $195.80 and a 200-day moving average price of $177.42. iShares U.S. Technology ETF has a one year low of $117.55 and a one year high of $211.98.

About iShares U.S. Technology ETF

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).