Crestwood Advisors Group LLC Buys Shares of 1,173 iShares U.S. Technology ETF $IYW

Crestwood Advisors Group LLC purchased a new position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 1,173 shares of the exchange traded fund’s stock, valued at approximately $203,000.

Several other institutional investors and hedge funds have also made changes to their positions in IYW. LPL Financial LLC raised its holdings in 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 worth $749,354,000 after purchasing an additional 224,438 shares in the last quarter. PGIM Custom Harvest LLC increased its position in shares of 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 valued at $636,019,000 after purchasing an additional 192,008 shares during the period. The Manufacturers Life Insurance Company raised its stake in shares of iShares U.S. Technology ETF by 113.3% in the 1st 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 in the last quarter. Commonwealth Equity Services LLC raised 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 worth $132,750,000 after buying an additional 72,139 shares in the last quarter. Finally, Cetera Investment Advisers lifted its holdings 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 valued at $98,762,000 after buying an additional 10,647 shares during the period. 57.65% of the stock is currently owned by institutional investors.

iShares U.S. Technology ETF Stock Down 0.3%

Shares of IYW stock opened at $199.54 on Friday. The stock has a 50-day simple moving average of $195.80 and a 200 day simple moving average of $177.74. The stock has a market capitalization of $21.51 billion, a P/E ratio of 34.95 and a beta of 1.23. iShares U.S. Technology ETF has a fifty-two week low of $117.55 and a fifty-two week high of $211.98.

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).