Thrivent Financial for Lutherans Has $34.98 Million Position in iShares U.S. Technology ETF (NYSEARCA:IYW)

Thrivent Financial for Lutherans raised its holdings in iShares U.S. Technology ETF (NYSEARCA:IYW) by 9.2% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 232,431 shares of the exchange traded fund’s stock after buying an additional 19,527 shares during the period. Thrivent Financial for Lutherans owned 0.19% of iShares U.S. Technology ETF worth $34,980,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Envestnet Asset Management Inc. increased its stake in iShares U.S. Technology ETF by 3.2% in the 2nd quarter. Envestnet Asset Management Inc. now owns 11,813,520 shares of the exchange traded fund’s stock valued at $1,777,935,000 after buying an additional 371,517 shares during the last quarter. FIL Ltd increased its stake in shares of iShares U.S. Technology ETF by 33.2% during the 4th quarter. FIL Ltd now owns 1,456,287 shares of the exchange traded fund’s stock worth $178,759,000 after purchasing an additional 363,201 shares during the last quarter. Envestnet Portfolio Solutions Inc. increased its stake in shares of iShares U.S. Technology ETF by 2.2% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 1,390,175 shares of the exchange traded fund’s stock worth $209,221,000 after purchasing an additional 30,147 shares during the last quarter. CWM LLC increased its stake in shares of iShares U.S. Technology ETF by 8.8% during the 1st quarter. CWM LLC now owns 1,173,803 shares of the exchange traded fund’s stock worth $158,534,000 after purchasing an additional 95,066 shares during the last quarter. Finally, Park Avenue Securities LLC increased its stake in shares of iShares U.S. Technology ETF by 1.3% during the 2nd quarter. Park Avenue Securities LLC now owns 1,068,282 shares of the exchange traded fund’s stock worth $160,776,000 after purchasing an additional 13,629 shares during the last quarter.

iShares U.S. Technology ETF Price Performance

iShares U.S. Technology ETF stock opened at $149.42 on Monday. The firm has a market capitalization of $18.36 billion, a PE ratio of 38.84 and a beta of 1.43. The company’s 50-day moving average is $145.10 and its 200-day moving average is $141.56. iShares U.S. Technology ETF has a fifty-two week low of $100.84 and a fifty-two week high of $158.97.

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).