Tnf LLC Purchases 485 Shares of iShares U.S. Technology ETF (NYSEARCA:IYW)

Tnf LLC lifted its position in iShares U.S. Technology ETF (NYSEARCA:IYW) by 1.0% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 46,728 shares of the exchange traded fund’s stock after buying an additional 485 shares during the period. iShares U.S. Technology ETF accounts for 2.4% of Tnf LLC’s portfolio, making the stock its 12th biggest position. Tnf LLC’s holdings in iShares U.S. Technology ETF were worth $6,741,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Envestnet Asset Management Inc. raised its holdings in shares of iShares U.S. Technology ETF by 38.6% in the fourth quarter. Envestnet Asset Management Inc. now owns 10,523,831 shares of the exchange traded fund’s stock valued at $1,291,800,000 after acquiring an additional 2,928,731 shares in the last quarter. UBS Group AG raised its holdings in shares of iShares U.S. Technology ETF by 8.1% in the fourth quarter. UBS Group AG now owns 2,129,589 shares of the exchange traded fund’s stock valued at $261,407,000 after acquiring an additional 160,092 shares in the last quarter. FIL Ltd raised its holdings in shares of iShares U.S. Technology ETF by 33.2% in the fourth 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 in the last quarter. Envestnet Portfolio Solutions Inc. raised its holdings in shares of iShares U.S. Technology ETF by 2.2% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 1,390,175 shares of the exchange traded fund’s stock valued at $209,221,000 after acquiring an additional 30,147 shares in the last quarter. Finally, CWM LLC raised its holdings in shares of iShares U.S. Technology ETF by 8.8% in the first quarter. CWM LLC now owns 1,173,803 shares of the exchange traded fund’s stock valued at $158,534,000 after acquiring an additional 95,066 shares in the last quarter.

iShares U.S. Technology ETF Stock Performance

IYW traded up $2.02 on Friday, hitting $149.38. The company had a trading volume of 1,487,020 shares, compared to its average volume of 899,593. The stock has a fifty day moving average price of $148.39 and a 200-day moving average price of $139.78. iShares U.S. Technology ETF has a 12-month low of $100.84 and a 12-month high of $158.97. The stock has a market capitalization of $18.35 billion, a price-to-earnings ratio of 38.84 and a beta of 1.43.

About iShares U.S. 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).