Montecito Bank & Trust Has $4.52 Million Stock Position in iShares U.S. Technology ETF (NYSEARCA:IYW)

Montecito Bank & Trust grew its holdings in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 1.1% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 28,344 shares of the exchange traded fund’s stock after acquiring an additional 304 shares during the period. iShares U.S. Technology ETF comprises 0.8% of Montecito Bank & Trust’s holdings, making the stock its 29th largest holding. Montecito Bank & Trust’s holdings in iShares U.S. Technology ETF were worth $4,521,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Apeiron RIA LLC lifted its holdings in iShares U.S. Technology ETF by 20.0% during the 4th quarter. Apeiron RIA LLC now owns 25,757 shares of the exchange traded fund’s stock worth $4,109,000 after buying an additional 4,292 shares during the period. Madrona Financial Services LLC raised its position in shares of iShares U.S. Technology ETF by 6.0% during the fourth quarter. Madrona Financial Services LLC now owns 33,675 shares of the exchange traded fund’s stock worth $5,372,000 after acquiring an additional 1,897 shares during the last quarter. Avior Wealth Management LLC lifted its stake in shares of iShares U.S. Technology ETF by 114.0% in the fourth quarter. Avior Wealth Management LLC now owns 4,723 shares of the exchange traded fund’s stock worth $754,000 after acquiring an additional 2,516 shares during the period. Endeavor Private Wealth Inc. bought a new stake in iShares U.S. Technology ETF in the fourth quarter valued at approximately $1,562,000. Finally, Marino Stram & Associates LLC increased its position in iShares U.S. Technology ETF by 4.6% during the 4th quarter. Marino Stram & Associates LLC now owns 1,990 shares of the exchange traded fund’s stock valued at $317,000 after purchasing an additional 88 shares during the period.

iShares U.S. Technology ETF Stock Performance

Shares of NYSEARCA IYW opened at $166.22 on Friday. The company’s 50 day moving average price is $161.42 and its 200-day moving average price is $153.68. iShares U.S. Technology ETF has a 52-week low of $124.32 and a 52-week high of $166.47. The company has a market capitalization of $20.42 billion, a P/E ratio of 38.84 and a beta of 1.43.

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).