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

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Valmark Advisers Inc. trimmed its position in iShares U.S. Technology ETF (NYSEARCA:IYW) by 2.0% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,379 shares of the exchange traded fund’s stock after selling 70 shares during the quarter. Valmark Advisers Inc.’s holdings in iShares U.S. Technology ETF were worth $1,017,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. tru Independence LLC bought a new position in shares of iShares U.S. Technology ETF in the 2nd quarter valued at about $26,000. Jacobi Capital Management LLC purchased a new stake in iShares U.S. Technology ETF in the third quarter worth about $30,000. Heritage Wealth Advisors lifted its position in shares of iShares U.S. Technology ETF by 41,190.0% during the second quarter. Heritage Wealth Advisors now owns 61,935 shares of the exchange traded fund’s stock valued at $40,000 after buying an additional 61,785 shares during the last quarter. Provident Wealth Management LLC lifted its position in shares of iShares U.S. Technology ETF by 89.5% during the third quarter. Provident Wealth Management LLC now owns 144 shares of the exchange traded fund’s stock valued at $43,000 after buying an additional 68 shares during the last quarter. Finally, Planned Solutions Inc. purchased a new position in shares of iShares U.S. Technology ETF in the 3rd quarter valued at approximately $51,000.

Shares of NYSEARCA IYW opened at $319.32 on Tuesday. iShares U.S. Technology ETF has a 12 month low of $175.25 and a 12 month high of $331.13. The firm’s 50 day simple moving average is $308.51 and its 200-day simple moving average is $283.14.

iShares U.S. Technology ETF 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).

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Institutional Ownership by Quarter for iShares U.S. Technology ETF (NYSEARCA:IYW)

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