Montis Financial LLC Invests $3.02 Million in iShares U.S. Technology ETF (NYSEARCA:IYW)

Montis Financial LLC acquired a new position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 19,943 shares of the exchange traded fund’s stock, valued at approximately $3,024,000. iShares U.S. Technology ETF accounts for 1.1% of Montis Financial LLC’s portfolio, making the stock its 20th largest position.

Other institutional investors have also added to or reduced their stakes in the company. FIL Ltd grew its position in shares of iShares U.S. Technology ETF by 33.2% in the 4th quarter. FIL Ltd now owns 1,456,287 shares of the exchange traded fund’s stock valued at $178,759,000 after acquiring an additional 363,201 shares during the period. Novak & Powell Financial Services Inc. bought a new stake in iShares U.S. Technology ETF in the fourth quarter valued at approximately $216,000. Centaurus Financial Inc. raised its stake in iShares U.S. Technology ETF by 1.9% in the fourth quarter. Centaurus Financial Inc. now owns 12,112 shares of the exchange traded fund’s stock valued at $1,487,000 after buying an additional 226 shares during the period. EP Wealth Advisors LLC lifted its position in shares of iShares U.S. Technology ETF by 12.6% in the fourth quarter. EP Wealth Advisors LLC now owns 11,291 shares of the exchange traded fund’s stock valued at $1,386,000 after buying an additional 1,261 shares during the last quarter. Finally, Scarborough Advisors LLC boosted its stake in shares of iShares U.S. Technology ETF by 51.6% during the 4th quarter. Scarborough Advisors LLC now owns 68,412 shares of the exchange traded fund’s stock worth $8,398,000 after acquiring an additional 23,299 shares during the period.

iShares U.S. Technology ETF Price Performance

Shares of iShares U.S. Technology ETF stock opened at $155.00 on Friday. The business has a fifty day simple moving average of $146.40 and a two-hundred day simple moving average of $143.27. iShares U.S. Technology ETF has a 1 year low of $100.84 and a 1 year high of $158.97. The company has a market capitalization of $19.04 billion, a price-to-earnings ratio of 38.84 and a beta of 1.43.

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).