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

Etfidea LLC decreased its position in shares of iShares Global Tech ETF (NYSEARCA:IXN) by 5.2% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 12,804 shares of the company’s stock after selling 705 shares during the quarter. Etfidea LLC’s holdings in iShares Global Tech ETF were worth $1,060,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. LPL Financial LLC increased its holdings in shares of iShares Global Tech ETF by 7.2% in the 2nd quarter. LPL Financial LLC now owns 853,034 shares of the company’s stock worth $70,648,000 after purchasing an additional 57,529 shares in the last quarter. Cambridge Investment Research Advisors Inc. boosted its holdings in shares of 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 acquiring an additional 52,960 shares during the last quarter. Patten & Patten Inc. TN grew its stake in shares of iShares Global Tech ETF by 4.3% in the first quarter. Patten & Patten Inc. TN now owns 460,808 shares of the company’s stock worth $34,473,000 after acquiring an additional 18,855 shares during the period. Commonwealth Equity Services LLC raised its holdings in shares of 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 purchasing an additional 4,104 shares during the last quarter. Finally, Executive Wealth Group LLC raised its holdings in shares of iShares Global Tech ETF by 200.0% during the first quarter. Executive Wealth Group LLC now owns 284,556 shares of the company’s stock valued at $20,690,000 after purchasing an additional 189,704 shares during the last quarter.

iShares Global Tech ETF Trading Up 3.0 %

Shares of IXN stock opened at $81.99 on Friday. iShares Global Tech ETF has a 12-month low of $56.30 and a 12-month high of $88.10. The stock has a market capitalization of $4.89 billion, a P/E ratio of 34.17 and a beta of 1.37. The firm’s 50 day moving average is $79.82 and its 200 day moving average is $77.89.

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.