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

Valmark Advisers Inc. grew its holdings in shares of iShares U.S. Technology ETF (NYSEARCA:IYW) by 5.4% in the 1st quarter, HoldingsChannel reports. The firm owned 22,098 shares of the exchange traded fund’s stock after acquiring an additional 1,131 shares during the quarter. Valmark Advisers Inc.’s holdings in iShares U.S. Technology ETF were worth $3,103,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in the business. Mainstream Capital Management LLC increased its holdings in iShares U.S. Technology ETF by 1.3% in the 4th quarter. Mainstream Capital Management LLC now owns 4,945 shares of the exchange traded fund’s stock worth $789,000 after acquiring an additional 63 shares during the last quarter. Continuum Advisory LLC increased its holdings in iShares U.S. Technology ETF by 11.4% in the 1st quarter. Continuum Advisory LLC now owns 750 shares of the exchange traded fund’s stock worth $105,000 after acquiring an additional 77 shares during the last quarter. TD Waterhouse Canada Inc. increased its holdings in iShares U.S. Technology ETF by 1.1% in the 4th quarter. TD Waterhouse Canada Inc. now owns 7,402 shares of the exchange traded fund’s stock worth $1,180,000 after acquiring an additional 79 shares during the last quarter. SRS Capital Advisors Inc. increased its holdings in iShares U.S. Technology ETF by 43.7% in the 4th quarter. SRS Capital Advisors Inc. now owns 296 shares of the exchange traded fund’s stock worth $47,000 after acquiring an additional 90 shares during the last quarter. Finally, Mission Wealth Management LP increased its holdings in iShares U.S. Technology ETF by 2.1% in the 1st quarter. Mission Wealth Management LP now owns 4,581 shares of the exchange traded fund’s stock worth $643,000 after acquiring an additional 93 shares during the last quarter.

iShares U.S. Technology ETF Stock Performance

Shares of IYW opened at $165.72 on Tuesday. The business has a 50-day moving average of $153.19 and a 200 day moving average of $154.02. iShares U.S. Technology ETF has a fifty-two week low of $117.55 and a fifty-two week high of $167.30. The firm has a market cap of $20.35 billion, a P/E ratio of 35.28 and a beta of 1.23.

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).