iShares Global Tech ETF (NYSEARCA:IXN) Shares Sold by Able Wealth Management LLC

Able Wealth Management LLC lowered its position in shares of iShares Global Tech ETF (NYSEARCA:IXN) by 9.5% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 15,528 shares of the company’s stock after selling 1,629 shares during the period. iShares Global Tech ETF comprises about 0.9% of Able Wealth Management LLC’s holdings, making the stock its 29th largest position. Able Wealth Management LLC’s holdings in iShares Global Tech ETF were worth $1,316,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Park Avenue Securities LLC purchased a new position in iShares Global Tech ETF during the 4th quarter worth approximately $201,000. Townsquare Capital LLC grew its position in shares of iShares Global Tech ETF by 16.1% during the third quarter. Townsquare Capital LLC now owns 3,197 shares of the company’s stock worth $264,000 after acquiring an additional 444 shares during the last quarter. Blue Trust Inc. grew its position in shares of iShares Global Tech ETF by 4.0% during the third quarter. Blue Trust Inc. now owns 4,000 shares of the company’s stock worth $331,000 after acquiring an additional 155 shares during the last quarter. US Bancorp DE increased its holdings in shares of iShares Global Tech ETF by 6.3% in the 3rd quarter. US Bancorp DE now owns 17,401 shares of the company’s stock valued at $1,436,000 after acquiring an additional 1,025 shares during the period. Finally, International Assets Investment Management LLC raised its position in iShares Global Tech ETF by 9,022.6% in the 3rd quarter. International Assets Investment Management LLC now owns 358,428 shares of the company’s stock valued at $29,581,000 after purchasing an additional 354,499 shares during the last quarter.

iShares Global Tech ETF Stock Performance

Shares of iShares Global Tech ETF stock opened at $88.35 on Thursday. The company has a market capitalization of $5.49 billion, a P/E ratio of 37.10 and a beta of 1.13. iShares Global Tech ETF has a 1 year low of $68.53 and a 1 year high of $88.62. The company’s fifty day moving average is $85.63 and its two-hundred day moving average is $83.11.

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.