Koshinski Asset Management Inc. Acquires 2,039 Shares of iShares U.S. Technology ETF $IYW

Koshinski Asset Management Inc. grew its holdings in iShares U.S. Technology ETF (NYSEARCA:IYW) by 8.4% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 26,449 shares of the exchange traded fund’s stock after acquiring an additional 2,039 shares during the period. Koshinski Asset Management Inc.’s holdings in iShares U.S. Technology ETF were worth $4,583,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the business. LPL Financial LLC grew its position in iShares U.S. Technology ETF by 4.4% in the first 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 in the last quarter. PGIM Custom Harvest LLC lifted its stake in shares of iShares U.S. Technology ETF by 4.4% in 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 buying an additional 192,008 shares during the last quarter. The Manufacturers Life Insurance Company lifted its stake in shares of iShares U.S. Technology ETF by 113.3% in the first quarter. The Manufacturers Life Insurance Company now owns 1,021,938 shares of the exchange traded fund’s stock worth $143,521,000 after buying an additional 542,816 shares during the last quarter. Commonwealth Equity Services LLC lifted its stake in shares of 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 worth $132,750,000 after buying an additional 72,139 shares during the last quarter. Finally, Cetera Investment Advisers lifted its stake in shares of iShares U.S. Technology ETF by 1.5% in the first quarter. Cetera Investment Advisers now owns 703,233 shares of the exchange traded fund’s stock worth $98,762,000 after buying an additional 10,647 shares during the last quarter. 57.65% of the stock is owned by institutional investors.

iShares U.S. Technology ETF Trading Up 0.4%

Shares of iShares U.S. Technology ETF stock opened at $197.17 on Friday. The stock has a market capitalization of $21.12 billion, a price-to-earnings ratio of 34.95 and a beta of 1.15. iShares U.S. Technology ETF has a 1-year low of $117.55 and a 1-year high of $201.50. The firm has a fifty day simple moving average of $189.37 and a 200-day simple moving average of $169.67.

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).