Valmark Advisers Inc. Sells 1,130 Shares of iShares US Technology ETF (NYSEARCA:IYW)

Valmark Advisers Inc. decreased its position in shares of iShares US Technology ETF (NYSEARCA:IYWGet Rating) by 9.7% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 10,474 shares of the exchange traded fund’s stock after selling 1,130 shares during the quarter. Valmark Advisers Inc.’s holdings in iShares US Technology ETF were worth $1,079,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Allegheny Financial Group LTD acquired a new stake in shares of iShares US Technology ETF during the 4th quarter worth approximately $39,000. Rinkey Investments acquired a new stake in shares of iShares US Technology ETF during the 4th quarter worth approximately $39,000. James Reed Financial Services Inc. acquired a new stake in shares of iShares US Technology ETF during the 4th quarter worth approximately $41,000. GHP Investment Advisors Inc. acquired a new stake in shares of iShares US Technology ETF during the 1st quarter worth approximately $41,000. Finally, Professional Financial Advisors LLC acquired a new stake in shares of iShares US Technology ETF during the 1st quarter worth approximately $41,000.

iShares US Technology ETF Stock Up 0.5 %

Shares of IYW stock opened at $94.50 on Tuesday. iShares US Technology ETF has a 52 week low of $76.91 and a 52 week high of $118.00. The firm has a 50 day moving average of $84.77 and a 200-day moving average of $91.74.

iShares US Technology ETF Profile

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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).

Further Reading

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Institutional Ownership by Quarter for iShares US Technology ETF (NYSEARCA:IYW)

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