14,947 Shares in iShares U.S. Technology ETF $IYW Bought by Tennessee Valley Asset Management Partners

Tennessee Valley Asset Management Partners purchased a new stake in iShares U.S. Technology ETF (NYSEARCA:IYW) in the 3rd quarter, according to its most recent filing with the SEC. The institutional investor purchased 14,947 shares of the exchange traded fund’s stock, valued at approximately $2,928,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of IYW. Human Investing LLC boosted its position in shares of iShares U.S. Technology ETF by 2.7% in the third quarter. Human Investing LLC now owns 1,853 shares of the exchange traded fund’s stock worth $363,000 after buying an additional 49 shares during the period. Howard Capital Management Inc. boosted its holdings in iShares U.S. Technology ETF by 1.0% in the 3rd quarter. Howard Capital Management Inc. now owns 5,403 shares of the exchange traded fund’s stock worth $1,058,000 after acquiring an additional 54 shares during the period. Occidental Asset Management LLC grew its position in iShares U.S. Technology ETF by 1.2% in the third quarter. Occidental Asset Management LLC now owns 4,860 shares of the exchange traded fund’s stock valued at $952,000 after acquiring an additional 56 shares in the last quarter. Greenleaf Trust raised its stake in shares of iShares U.S. Technology ETF by 1.0% during the third quarter. Greenleaf Trust now owns 5,715 shares of the exchange traded fund’s stock valued at $1,119,000 after purchasing an additional 58 shares during the period. Finally, Montag A & Associates Inc. lifted its position in shares of iShares U.S. Technology ETF by 1.0% during the second quarter. Montag A & Associates Inc. now owns 5,898 shares of the exchange traded fund’s stock worth $1,022,000 after purchasing an additional 60 shares in the last quarter. Institutional investors and hedge funds own 57.65% of the company’s stock.

iShares U.S. Technology ETF Trading Up 0.5%

Shares of IYW stock opened at $192.67 on Thursday. The firm has a fifty day simple moving average of $195.81 and a 200-day simple moving average of $196.27. The company has a market capitalization of $20.16 billion, a PE ratio of 34.95 and a beta of 1.23. iShares U.S. Technology ETF has a twelve month low of $117.55 and a twelve month high of $211.98.

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.