Valmark Advisers Inc. Acquires 675 Shares of iShares U.S. Technology ETF $IYW

Valmark Advisers Inc. grew its holdings in iShares U.S. Technology ETF (NYSEARCA:IYW) by 3.1% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 22,773 shares of the exchange traded fund’s stock after acquiring an additional 675 shares during the period. Valmark Advisers Inc.’s holdings in iShares U.S. Technology ETF were worth $3,946,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Hoey Investments Inc. bought a new stake in iShares U.S. Technology ETF in the first quarter worth approximately $27,000. Trust Co. of Vermont bought a new stake in iShares U.S. Technology ETF in the first quarter worth approximately $30,000. Park Square Financial Group LLC grew its position in iShares U.S. Technology ETF by 588.2% in the first quarter. Park Square Financial Group LLC now owns 234 shares of the exchange traded fund’s stock worth $33,000 after acquiring an additional 200 shares in the last quarter. SJS Investment Consulting Inc. bought a new stake in iShares U.S. Technology ETF in the second quarter worth approximately $41,000. Finally, Accredited Wealth Management LLC bought a new stake in iShares U.S. Technology ETF in the first quarter worth approximately $33,000. 57.65% of the stock is owned by institutional investors.

iShares U.S. Technology ETF Stock Up 1.5%

IYW stock opened at $200.85 on Thursday. The company has a market capitalization of $21.55 billion, a price-to-earnings ratio of 34.95 and a beta of 1.15. iShares U.S. Technology ETF has a 12 month low of $117.55 and a 12 month high of $200.86. The firm has a 50 day moving average of $187.20 and a two-hundred day moving average of $167.17.

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).