Westmount Partners LLC Purchases New Holdings in iShares U.S. Technology ETF $IYW

Westmount Partners LLC acquired a new stake in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 4,530 shares of the exchange traded fund’s stock, valued at approximately $822,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Compound Planning Inc. grew its position in iShares U.S. Technology ETF by 10.7% in the 3rd quarter. Compound Planning Inc. now owns 135,021 shares of the exchange traded fund’s stock valued at $26,445,000 after buying an additional 13,045 shares during the last quarter. Bartlett & CO. Wealth Management LLC increased its stake in iShares U.S. Technology ETF by 20.6% in the 4th quarter. Bartlett & CO. Wealth Management LLC now owns 42,286 shares of the exchange traded fund’s stock valued at $8,444,000 after buying an additional 7,217 shares during the period. JPMorgan Chase & Co. raised its position in iShares U.S. Technology ETF by 34.4% during the 4th quarter. JPMorgan Chase & Co. now owns 4,033,291 shares of the exchange traded fund’s stock worth $805,368,000 after buying an additional 1,031,871 shares during the last quarter. ASL Financial LLC purchased a new position in iShares U.S. Technology ETF during the 4th quarter worth $718,000. Finally, Tudor Investment Corp ET AL raised its position in iShares U.S. Technology ETF by 714.4% during the 3rd quarter. Tudor Investment Corp ET AL now owns 23,284 shares of the exchange traded fund’s stock worth $4,560,000 after buying an additional 20,425 shares during the last quarter. 57.65% of the stock is owned by hedge funds and other institutional investors.

iShares U.S. Technology ETF Stock Performance

IYW stock opened at $253.57 on Friday. The stock has a market capitalization of $24.94 billion, a PE ratio of 34.95 and a beta of 1.36. The company has a fifty day moving average of $232.73 and a 200-day moving average of $208.07. iShares U.S. Technology ETF has a one year low of $162.98 and a one year high of $261.01.

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). 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.