Wealth Enhancement Advisory Services LLC Decreases Stock Holdings in iShares Global Tech ETF (NYSEARCA:IXN)

Wealth Enhancement Advisory Services LLC reduced its position in iShares Global Tech ETF (NYSEARCA:IXN) by 1.3% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 51,033 shares of the company’s stock after selling 681 shares during the period. Wealth Enhancement Advisory Services LLC owned 0.08% of iShares Global Tech ETF worth $3,818,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of IXN. Assetmark Inc. grew its holdings in iShares Global Tech ETF by 686,141.2% in the fourth quarter. Assetmark Inc. now owns 699,966 shares of the company’s stock worth $47,724,000 after purchasing an additional 699,864 shares during the last quarter. International Assets Investment Management LLC grew its stake in iShares Global Tech ETF by 5,858.3% during the 4th quarter. International Assets Investment Management LLC now owns 552,279 shares of the company’s stock worth $37,654,000 after buying an additional 543,010 shares during the last quarter. Cambridge Investment Research Advisors Inc. increased its position in iShares Global Tech ETF by 11.8% during the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 500,706 shares of the company’s stock valued at $34,138,000 after buying an additional 52,960 shares in the last quarter. Executive Wealth Group LLC raised its stake in iShares Global Tech ETF by 200.0% in the first quarter. Executive Wealth Group LLC now owns 284,556 shares of the company’s stock valued at $20,690,000 after buying an additional 189,704 shares during the last quarter. Finally, Parallel Advisors LLC boosted its holdings in iShares Global Tech ETF by 21.8% in the fourth quarter. Parallel Advisors LLC now owns 252,586 shares of the company’s stock worth $17,221,000 after acquiring an additional 45,124 shares in the last quarter.

iShares Global Tech ETF Stock Performance

Shares of IXN stock opened at $84.11 on Wednesday. The firm has a market capitalization of $5.02 billion, a price-to-earnings ratio of 34.17 and a beta of 1.37. The stock’s 50-day simple moving average is $77.56 and its 200-day simple moving average is $73.64. iShares Global Tech ETF has a fifty-two week low of $56.30 and a fifty-two week high of $85.46.

About iShares Global Tech ETF

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.