Kelly Financial Services LLC Decreases Position in iShares U.S. Technology ETF $IYW

Kelly Financial Services LLC trimmed its position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 78.0% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 12,128 shares of the exchange traded fund’s stock after selling 42,975 shares during the period. iShares U.S. Technology ETF comprises 0.6% of Kelly Financial Services LLC’s holdings, making the stock its 29th biggest holding. Kelly Financial Services LLC’s holdings in iShares U.S. Technology ETF were worth $2,375,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Affiance Financial LLC grew its stake in iShares U.S. Technology ETF by 2.7% in the third quarter. Affiance Financial LLC now owns 4,800 shares of the exchange traded fund’s stock worth $940,000 after purchasing an additional 124 shares in the last quarter. LongView Wealth Management lifted its holdings in shares of iShares U.S. Technology ETF by 1.5% in the 3rd quarter. LongView Wealth Management now owns 13,229 shares of the exchange traded fund’s stock worth $2,591,000 after buying an additional 190 shares during the period. Private Client Services LLC grew its position in shares of iShares U.S. Technology ETF by 8.8% during the 3rd quarter. Private Client Services LLC now owns 4,576 shares of the exchange traded fund’s stock worth $896,000 after buying an additional 369 shares in the last quarter. Fifth Third Securities Inc. increased its stake in shares of iShares U.S. Technology ETF by 3.8% during the third quarter. Fifth Third Securities Inc. now owns 52,328 shares of the exchange traded fund’s stock valued at $10,249,000 after buying an additional 1,931 shares during the period. Finally, Sound Income Strategies LLC raised its holdings in shares of iShares U.S. Technology ETF by 8.3% in the third quarter. Sound Income Strategies LLC now owns 2,144 shares of the exchange traded fund’s stock valued at $430,000 after acquiring an additional 165 shares in the last quarter. 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 $202.22 on Wednesday. iShares U.S. Technology ETF has a 1-year low of $117.55 and a 1-year high of $211.98. The company has a 50-day moving average of $200.25 and a 200 day moving average of $188.20. The firm has a market cap of $21.80 billion, a PE ratio of 34.95 and a beta of 1.23.

iShares U.S. Technology ETF Company 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). 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.