Montecito Bank & Trust Sells 667 Shares of iShares US Technology ETF (NYSEARCA:IYW)

Montecito Bank & Trust lessened its stake in iShares US Technology ETF (NYSEARCA:IYW) by 7.0% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,924 shares of the exchange traded fund’s stock after selling 667 shares during the quarter. Montecito Bank & Trust’s holdings in iShares US Technology ETF were worth $1,822,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the company. Royal Bank of Canada lifted its holdings in shares of iShares US Technology ETF by 13.1% in the second quarter. Royal Bank of Canada now owns 261,286 shares of the exchange traded fund’s stock valued at $51,705,000 after purchasing an additional 30,191 shares in the last quarter. Bank of New York Mellon Corp lifted its holdings in shares of iShares US Technology ETF by 0.6% in the second quarter. Bank of New York Mellon Corp now owns 151,953 shares of the exchange traded fund’s stock valued at $30,070,000 after purchasing an additional 899 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of iShares US Technology ETF by 5.7% in the second quarter. JPMorgan Chase & Co. now owns 121,057 shares of the exchange traded fund’s stock valued at $23,933,000 after purchasing an additional 6,499 shares in the last quarter. Advisors Preferred LLC bought a new position in shares of iShares US Technology ETF in the second quarter valued at approximately $2,461,000. Finally, United Capital Financial Advisers LLC lifted its holdings in shares of iShares US Technology ETF by 32.1% in the second quarter. United Capital Financial Advisers LLC now owns 91,771 shares of the exchange traded fund’s stock valued at $18,161,000 after purchasing an additional 22,303 shares in the last quarter.

Shares of iShares US Technology ETF stock opened at $205.55 on Friday. The business’s fifty day simple moving average is $204.30 and its 200 day simple moving average is $199.82. iShares US Technology ETF has a 12 month low of $148.42 and a 12 month high of $212.07.

The firm also recently declared a — dividend, which was paid on Monday, September 30th. Investors of record on Wednesday, September 25th were issued a dividend of $0.4409 per share. The ex-dividend date was Tuesday, September 24th. This represents a yield of 0.8%.

About iShares US Technology ETF

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).

See Also: How can you know how many shares are floating?

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Institutional Ownership by Quarter for iShares US Technology ETF (NYSEARCA:IYW)

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