Valmark Advisers Inc. Raises Stock Holdings in iShares U.S. Technology ETF (NYSEARCA:IYW)

Valmark Advisers Inc. raised its position in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 29.3% during the 4th quarter, Holdings Channel reports. The fund owned 20,967 shares of the exchange traded fund’s stock after purchasing an additional 4,757 shares during the period. Valmark Advisers Inc.’s holdings in iShares U.S. Technology ETF were worth $3,345,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of IYW. Good Life Advisors LLC purchased a new stake in shares of iShares U.S. Technology ETF during the 3rd quarter worth approximately $428,000. Howard Capital Management Group LLC grew its position in iShares U.S. Technology ETF by 1.1% in the 3rd quarter. Howard Capital Management Group LLC now owns 208,920 shares of the exchange traded fund’s stock valued at $31,677,000 after acquiring an additional 2,312 shares during the last quarter. Stratos Wealth Partners LTD. grew its position in iShares U.S. Technology ETF by 12.1% in the 3rd quarter. Stratos Wealth Partners LTD. now owns 194,375 shares of the exchange traded fund’s stock valued at $29,471,000 after acquiring an additional 20,965 shares during the last quarter. Stratos Wealth Advisors LLC grew its position in iShares U.S. Technology ETF by 3.1% in the 3rd quarter. Stratos Wealth Advisors LLC now owns 20,091 shares of the exchange traded fund’s stock valued at $3,046,000 after acquiring an additional 608 shares during the last quarter. Finally, First Citizens Bank & Trust Co. grew its position in iShares U.S. Technology ETF by 1.2% in the 3rd quarter. First Citizens Bank & Trust Co. now owns 9,025 shares of the exchange traded fund’s stock valued at $1,368,000 after acquiring an additional 105 shares during the last quarter.

iShares U.S. Technology ETF Stock Up 0.5 %

Shares of iShares U.S. Technology ETF stock opened at $165.87 on Friday. The stock’s fifty day moving average is $161.93 and its two-hundred day moving average is $154.90. The company has a market capitalization of $20.38 billion, a PE ratio of 38.84 and a beta of 1.43. iShares U.S. Technology ETF has a 52 week low of $124.32 and a 52 week high of $166.83.

iShares U.S. Technology ETF Company 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).