Etfidea LLC Trims Position in iShares Global Tech ETF (NYSEARCA:IXN)

Etfidea LLC cut its position in iShares Global Tech ETF (NYSEARCA:IXN) by 4.0% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 12,288 shares of the company’s stock after selling 516 shares during the period. Etfidea LLC’s holdings in iShares Global Tech ETF were worth $1,014,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Johnson Investment Counsel Inc. grew its stake in iShares Global Tech ETF by 0.6% during the second quarter. Johnson Investment Counsel Inc. now owns 106,625 shares of the company’s stock valued at $8,831,000 after acquiring an additional 604 shares in the last quarter. Envestnet Asset Management Inc. grew its stake in iShares Global Tech ETF by 8.4% during the second quarter. Envestnet Asset Management Inc. now owns 183,732 shares of the company’s stock valued at $15,217,000 after acquiring an additional 14,300 shares in the last quarter. Sanctuary Advisors LLC purchased a new position in iShares Global Tech ETF during the second quarter valued at $783,000. VitalStone Financial LLC grew its stake in iShares Global Tech ETF by 0.9% during the third quarter. VitalStone Financial LLC now owns 25,663 shares of the company’s stock valued at $2,118,000 after acquiring an additional 224 shares in the last quarter. Finally, Commonwealth Equity Services LLC grew its stake in iShares Global Tech ETF by 1.3% during the second quarter. Commonwealth Equity Services LLC now owns 326,448 shares of the company’s stock valued at $27,036,000 after acquiring an additional 4,104 shares in the last quarter.

iShares Global Tech ETF Stock Up 0.6 %

Shares of NYSEARCA:IXN opened at $82.76 on Wednesday. iShares Global Tech ETF has a 52 week low of $64.31 and a 52 week high of $88.10. The stock has a market capitalization of $4.94 billion, a P/E ratio of 34.17 and a beta of 1.37. The firm has a fifty day simple moving average of $82.45 and a two-hundred day simple moving average of $80.81.

iShares Global Tech ETF Company 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.