Keybank National Association OH Acquires 22,598 Shares of iShares U.S. Technology ETF $IYW

Keybank National Association OH bought a new stake in iShares U.S. Technology ETF (NYSEARCA:IYW) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 22,598 shares of the exchange traded fund’s stock, valued at approximately $5,986,000.

Other hedge funds have also made changes to their positions in the company. Envestnet Asset Management Inc. boosted its position in iShares U.S. Technology ETF by 2.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 1,352,659 shares of the exchange traded fund’s stock worth $341,174,000 after purchasing an additional 31,952 shares during the period. The Manufacturers Life Insurance Company acquired a new stake in iShares U.S. Technology ETF in the 2nd quarter valued at $200,579,000. Hsbc Holdings PLC increased its holdings in iShares U.S. Technology ETF by 10.3% in the 1st quarter. Hsbc Holdings PLC now owns 977,825 shares of the exchange traded fund’s stock valued at $177,397,000 after purchasing an additional 91,338 shares in the last quarter. Commonwealth Equity Services LLC acquired a new stake in iShares U.S. Technology ETF in the 3rd quarter valued at $150,156,000. Finally, Kestra Advisory Services LLC raised its position in iShares U.S. Technology ETF by 1.2% in the third quarter. Kestra Advisory Services LLC now owns 483,241 shares of the exchange traded fund’s stock valued at $128,011,000 after purchasing an additional 5,513 shares during the period. Hedge funds and other institutional investors own 57.65% of the company’s stock.

iShares U.S. Technology ETF Price Performance

NYSEARCA:IYW opened at $235.29 on Friday. The business’s 50-day moving average is $254.40 and its two-hundred day moving average is $230.92. The firm has a market capitalization of $23.51 billion, a PE ratio of 26.89 and a beta of 1.37. iShares U.S. Technology ETF has a 12 month low of $172.54 and a 12 month high of $274.44.

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). The Index measures the performance of the technology sector of the United States equity market, and includes companies in the industry groups, such as software and computer services and technology hardware and equipment.