Stonebridge Financial Planning Group LLC Sells 450 Shares of iShares Global Tech ETF (NYSEARCA:IXN)

Stonebridge Financial Planning Group LLC decreased its holdings in iShares Global Tech ETF (NYSEARCA:IXN) by 4.1% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 10,610 shares of the company’s stock after selling 450 shares during the quarter. Stonebridge Financial Planning Group LLC’s holdings in iShares Global Tech ETF were worth $723,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Planned Solutions Inc. bought a new position in shares of iShares Global Tech ETF in the fourth quarter valued at approximately $27,000. Capital Investment Counsel Inc bought a new position in shares of iShares Global Tech ETF during the third quarter valued at about $33,000. Sound Income Strategies LLC purchased a new position in iShares Global Tech ETF during the fourth quarter worth about $45,000. Simplex Trading LLC boosted its holdings in iShares Global Tech ETF by 11,000.0% during the third quarter. Simplex Trading LLC now owns 666 shares of the company’s stock worth $38,000 after purchasing an additional 660 shares during the last quarter. Finally, Advisors Preferred LLC bought a new stake in iShares Global Tech ETF in the 3rd quarter worth about $41,000.

iShares Global Tech ETF Stock Performance

Shares of iShares Global Tech ETF stock traded down $1.57 during mid-day trading on Tuesday, hitting $70.48. 83,356 shares of the stock were exchanged, compared to its average volume of 335,848. The company has a market capitalization of $4.22 billion, a P/E ratio of 32.76 and a beta of 1.34. The company has a 50-day simple moving average of $73.42 and a 200 day simple moving average of $68.68. iShares Global Tech ETF has a 12 month low of $53.01 and a 12 month high of $76.25.

iShares Global Tech ETF Profile

iShares Global Tech ETF (the Fund), formerly iShares S&P Global Technology Sector Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the S&P Global 1200 Information Technology Sector Index (the Index). The Index measures the performance of companies that Standard & Poor’s Financial Services LLC, a subsidiary of The McGraw-Hill Companies (S&P) deems to be part of the information technology sector of the economy.