Advisors Preferred LLC Takes $269,000 Position in iShares U.S. Technology ETF (NYSEARCA:IYW)

Advisors Preferred LLC acquired a new position in iShares U.S. Technology ETF (NYSEARCA:IYW) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 1,689 shares of the exchange traded fund’s stock, valued at approximately $269,000.

Several other hedge funds have also recently bought and sold shares of IYW. AQR Capital Management LLC purchased a new stake in iShares U.S. Technology ETF in the 2nd quarter worth about $342,000. Valeo Financial Advisors LLC lifted its stake in iShares U.S. Technology ETF by 9.9% in the 3rd quarter. Valeo Financial Advisors LLC now owns 3,861 shares of the exchange traded fund’s stock worth $585,000 after acquiring an additional 348 shares in the last quarter. Lion Street Advisors LLC lifted its stake in iShares U.S. Technology ETF by 11.7% in the 3rd quarter. Lion Street Advisors LLC now owns 1,801 shares of the exchange traded fund’s stock worth $273,000 after acquiring an additional 188 shares in the last quarter. Montis Financial LLC purchased a new stake in iShares U.S. Technology ETF in the 3rd quarter worth about $3,024,000. Finally, Sound Income Strategies LLC lifted its stake in iShares U.S. Technology ETF by 3.5% in the 3rd quarter. Sound Income Strategies LLC now owns 2,752 shares of the exchange traded fund’s stock worth $417,000 after acquiring an additional 94 shares in the last quarter.

iShares U.S. Technology ETF Price Performance

Shares of IYW stock opened at $160.40 on Friday. iShares U.S. Technology ETF has a fifty-two week low of $124.32 and a fifty-two week high of $166.83. The stock’s 50-day moving average is $161.93 and its two-hundred day moving average is $154.19. The firm has a market cap of $19.71 billion, a P/E ratio of 38.84 and a beta of 1.43.

About iShares U.S. Technology ETF

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).