Tableaux LLC Invests $12.44 Million in iShares U.S. Technology ETF $IYW

Tableaux LLC purchased a new position in iShares U.S. Technology ETF (NYSEARCA:IYW) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 63,496 shares of the exchange traded fund’s stock, valued at approximately $12,436,000. iShares U.S. Technology ETF accounts for about 5.0% of Tableaux LLC’s holdings, making the stock its 3rd largest holding.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Bell Investment Advisors Inc bought a new position in iShares U.S. Technology ETF in the 2nd quarter worth about $25,000. Bangor Savings Bank bought a new stake in shares of iShares U.S. Technology ETF during the third quarter valued at approximately $31,000. Hantz Financial Services Inc. purchased a new stake in shares of iShares U.S. Technology ETF in the third quarter valued at approximately $31,000. Abound Wealth Management bought a new position in iShares U.S. Technology ETF in the third quarter worth approximately $34,000. Finally, Collier Financial bought a new position in iShares U.S. Technology ETF in the third quarter worth approximately $37,000. Institutional investors own 57.65% of the company’s stock.

iShares U.S. Technology ETF Stock Up 1.3%

IYW opened at $192.22 on Wednesday. The stock’s fifty day moving average is $197.75 and its two-hundred day moving average is $195.68. The company has a market capitalization of $20.12 billion, a P/E ratio of 34.95 and a beta of 1.23. iShares U.S. Technology ETF has a 52 week low of $117.55 and a 52 week high of $211.98.

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). 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.