According to the ETF Finder at ETF Channel, INTU makes up 6.02% of the iShares North American Tech-Software ETF (IGV) which is higher by about 0.8% on the day Friday.
In afternoon trading Friday, INTU was up about 1.2% on the day.
Intuit's (INTU) stock rating was cut to 'underweight' at Morgan Stanley on Tuesday.
Here are Tuesday's top research calls, including a downgrade for Anthem, an upgrade for DR Horton and new coverage on Chevron and Under Armour.
The tax preparation powerhouse is seeing increasing competition.